WASHINGTON — Citing growing worries about high gasoline prices, Democratic leaders announced an effort April 28 to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging.
April 28, 2022Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Rivian Reaches Deal in Georgia for Environmental Standards
A development authority east of Atlanta has voted to approve an “economic development agreement” for the planned $5 billion Rivian factory, outlining terms with the electric vehicle company, including environmental standards and taxpayer-backed incentives.
April 28, 2022Economy Posts Surprise Contraction, Belying Solid Consumer Picture
The U.S. economy shrank for the first time since 2020, reflecting an import surge tied to robust consumer demand. While the surprise contraction adds to political headaches for President Joe Biden, it’s unlikely to dissuade the Federal Reserve from hiking interest rates aggressively to combat inflation.
April 28, 2022China Grants First Driverless Taxi Permits to Baidu, Pony.ai
BEIJING — China has granted Chinese internet services company Baidu and a rival autonomous car company, Pony.ai, permits to provide driverless ride-hailing services to the public in Beijing, a significant regulatory step in the country’s pursuit of driverless technology.
April 28, 2022Groups That Want to Electrify USPS Fleet File Suit
Sixteen states and four environmental groups that want the U.S. Postal Service to buy more electric delivery vehicles are suing to halt purchases of thousands of gas-powered trucks as the agency modernizes its mail delivery fleet.
April 28, 2022FMCSA Issues ‘Notice of Intent’ to Require Speed Limiters on Heavy Trucks
The Federal Motor Carrier Safety Administration on April 27 issued a notice of intent to move forward with a rulemaking to require the use of speed limiters for commercial motor vehicles.
April 27, 2022Raimondo Urges Congressional Passage of Semiconductor Bill
Secretary of Commerce Gina Raimondo pressed senators April 27 to finalize legislation meant to boost domestic manufacturing of semiconductors.
April 27, 2022STB Searches for Answers About Freight Rail Delays
The U.S. Surface Transportation Board began two days of emergency public hearings April 26 to try to find ways to loosen the still-jammed supply chain.
April 27, 2022Dems Consider Legislative Moves to Cut Gas Prices
House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer met on April 27 to discuss possible legislation to reduce gas prices, according to a Democratic aide.
April 27, 2022Bill to End Predatory Towing Goes Before Maryland Governor
Despite strong opposition from the towing industry, Maryland truckers are optimistic the governor will sign a bill to end predatory towing practices on highways under the jurisdiction of the state police.
April 26, 2022