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American Consumers' Economic Expectations Strongest Since 2001

Consumer confidence rebounded last week as Americans became the most upbeat about the economy since 2001, the Bloomberg Consumer Comfort Index figures showed April 27.

April 27, 2017

Meal and Rest Break Provision Sidelined With Short-Term Bill to Avert Shutdown

A meal and rest break pre-emption provision expected in a fiscal 2017 funding bill was sidelined as congressional leaders turned their focus to a weeklong funding measure instead, the chairman of the House funding panel announced this week.

April 27, 2017

Trump Rules Out Swift NAFTA Exit in Favor of Renegotiation

President Donald Trump won’t immediately terminate U.S. participation in the North American Free Trade Agreement, the White House said, after he spoke with the leaders of Mexico and Canada about ways to renegotiate the accord.

April 27, 2017

Oklahoma GOP Considering Hiking Gas Tax, Democrats Say

OKLAHOMA CITY — Oklahoma Republicans are considering increasing the state’s gasoline tax by six cents to help fill the state’s looming budget hole, Democrats announced April 26.

April 27, 2017

Mexico Sees NAFTA Trade Talks Starting in August

Mexico expects to start the renegotiation of the North American Free Trade Agreement, or NAFTA, with the United States and Canada in late August and talks should be completed within six months, the country's economy minister said April 26.

April 26, 2017

White House Proposes Slashing Corporate Federal Income-Tax Rate to 15%

The White House made its opening bid for what officials called the “biggest tax cut” in U.S. history — with cuts that would benefit businesses, the middle class and certain high-earning individuals — but left unanswered questions about whether the plan would be paid for, or how.

April 26, 2017

Trump’s Infrastructure Plan Likely Out Early Summer, Rep. Graves Says

WASHINGTON — The Trump administration’s long-term funding proposal for fixing and modernizing the country’s infrastructure will likely be unveiled early in the summer, Rep. Sam Graves (R-Mo.), a senior transportation policymaker, said April 26.

April 26, 2017

Meal and Rest Break Pre-emption Provision Likely in Fiscal 2017 Funding Bill, Sources Say

Legislation that would avert a federal government shutdown is likely to include a meal and rest break pre-emption provision that is largely supported by the trucking industry, senior Republican aides told Transport Topics this week.

April 25, 2017

Virginia Transportation Chief Is a ‘Big Believer in P3s’

ARLINGTON, Va. — When he first took office in 2014, Virginia Secretary of Transportation Aubrey Layne said he wanted to make sure politics did not guide his agency on where to make infrastructure improvements or how to fund them.

April 25, 2017

New York Judge Approves Settlement Requiring State to Refund $44.4 Million to OOIDA

A New York state judge has approved a settlement reached last year requiring the state of New York to refund $44.4 million to the Owner-Operator Independent Drivers Association on behalf of drivers wrongly charged out-of-state highway use taxes and decal fees.

April 25, 2017