The World Bank on June 10 cut its forecast for global growth this year and warned that the 2020s are on track for the weakest performance for any decade since the first Apollo moon landing.
June 10, 2025Transportation Compliance News
Transport Topics government and regulatory coverage keeps managers of a highly-regulated industry aware of the policy decisions that can shape their businesses. Covering both the legislative and regulatory aspects of policy-making, at both the state and national levels, the news in this category includes looks at infrastructure, hours of service, emissions rules, funding measures, leadership appointments, and more. Readers can follow what’s happening in Congress, at the Department of Transportation and the Federal Motor Carrier Administration, and in state and local governments.
World Bank Warns 2020s Face Weakest Global Growth Since ’60s
Markets on Edge as China, US Hold Second Day of Trade Talks
The U.S. and China resumed talks into a second day in London, with financial markets on edge as the world’s largest economies try to agree to allow exports of key tech and industrial goods.
June 10, 2025Trump Voices Optimism as China Talks Stretch to Day Two
Trade talks between the U.S. and China will continue into a second day, according to an official, as the two sides look to ease tensions over shipments of technology and rare earth elements.
June 9, 2025Senate GOP Prepares New Draft of Trump’s Tax Plan
Senate Republicans intend to propose revised tax and health care provisions to President Donald Trump’s $3 trillion signature economic package, shrugging off criticism by Elon Musk.
June 9, 2025Consumers See Lower Inflation Ahead Across All Horizons
The responses to a Federal Reserve Bank of New York survey came as President Donald Trump struck a deal that significantly — though temporarily — lowered tariffs on imports from China.
June 9, 2025Jobs at the Port of Los Angeles Are Down by Half
Job opportunities at the Port of Los Angeles are dwindling as President Donald Trump’s steep tariffs take a hit on global trade and a major economic engine for the regional economy.
June 9, 2025Tesla Hit With Stock Downgrades Amid Fallout From Trump Feud
Tesla received a pair of downgrades on June 9, with analysts warning that Elon Musk’s electric vehicle company is facing a highly uncertain outlook, especially on the political front.
June 9, 2025FMCSA Offers $89.4 Million in CDL Safety Grants
FMCSA is seeking grant applications by July 7 for $89.4 million in Commercial Driver’s License Program Implementation funds to improve highway safety.
June 9, 2025Transportation Chief Moves to Reverse Fuel Economy Standards
Transportation Secretary Sean Duffy said in a rule June 6 that Biden-era fuel economy standards for gas-powered cars and trucks are illegal and moved to reverse them.
June 9, 2025Trade Talks With China Start Today
High-level delegations from the United States and China are meeting in London on June 9 to try to shore up a fragile truce in a trade dispute that has roiled the global economy.
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