The Federal Reserve left interest rates near zero and signaled it would hold them there through at least 2023 to help the U.S. economy recover from the coronavirus pandemic.
September 16, 2020Transportation 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鈥檚 happening in Congress, at the Department of Transportation and the Federal Motor Carrier Administration, and in state and local governments.
DOT Announces $1 Billion in BUILD Grants
Transportation Secretary Elaine Chao announced that $1 billion in funding has been awarded through the Better Utilizing Investments to Leverage Development program.
September 16, 2020Hurricane Sally Unleashes Flooding Along the Gulf Coast
Hurricane Sally lumbered ashore in Alabama with 105 mph winds and torrential rain Sept. 16, swamping homes and trapping people in high water along the Gulf Coast as it crept inland for what could be a long, slow and disastrous drenching across the Deep South.
September 16, 2020Retail Sales Rise for 4th Straight Month as Growth Slows
Americans kept spending in August, but the pace of that growth is slowing as millions of people who lost jobs have now lost a $600-a-week boost in their unemployment checks.
September 16, 2020FedEx Posts Strong Quarterly Earnings, Fueled by E-Commerce
A huge surge in e-commerce deliveries to homes and businesses because of the COVID-19 pandemic boosted FedEx Corp.鈥檚 fiscal first-quarter earnings when the delivery giant reported its financials Sept. 15.
September 15, 2020Pelosi: House to Stay in Session Until COVID-19 Rescue Deal
Speaker Nancy Pelosi said Sept. 15 the House will remain in session until lawmakers deliver another round of COVID-19 relief, a move that came as Democrats from swing districts signaled discontent with a standoff that could force them to face voters without delivering more aid.
September 15, 2020US Chassis Group Gains Initial Win Against Chinese Company
A group of U.S. chassis manufacturers have won an initial victory before the U.S. International Trade Commission against a Chinese company that the U.S. firms claim is manipulating the American chassis market.
September 15, 2020Stakeholders Urge White House to Assist in 5.9 GHz Preservation
Freight and passenger transportation groups are seeking the White House鈥檚 support to halt the Federal Communications Commission鈥檚 proposal that would shift certain auto safety airwaves for broadband uses.
September 15, 2020US Removes Canada Aluminum Tariffs Amid Retaliation Threat
The U.S. announced the removal of aluminum tariffs it slapped on Canada last month.
September 15, 2020WTO: US Tariffs on China Are Illegal
A World Trade Organization panel ruled Sept. 15 that Trump administration tariffs on $200 billion worth of Chinese goods are illegal, vindicating Beijing even if the United States has all but incapacitated the WTO鈥檚 ability to hand down a final, binding verdict.
September 15, 2020Trending
Newsletter Signup
Subscribe to Transport Topics
