19 Apr Amazon Nears Stock Record as Wall Street Praises Prime Milestone Amazon.com shares gained as much 2.7% intraday April 19, putting the online retailer within 3% of its March 12 record-high after founder and CEO Jeff Bezos drafted a letter to shareholders touting the company surpassing more than 100 million users with paid Prime memberships. Read more...
19 Apr House Consideration of Meal-and-Rest-Break Provision Possible Week of April 23 Three lawmakers are sponsoring an amendment to an aviation reauthorizing bill aimed at ensuring nationwide uniformity for meal-and-rest break rules for truckers. Read more...
19 Apr Alabama Port Authority Finds Partner for Planned Automobile-Handling Terminal Last month, the Alabama State Port Authority announced major funding grants for a planned automobile-handling terminal. It now has a deal with a partner that will develop and operate it. Read more...
19 Apr TxDOT to Forgive $1.3 Billion in Unpaid Toll Fees, Fines The Texas Department of Transportation will waive more than $1.3 billion in late fines and fees owed by those who drove on its toll roads since 2007, agency officials say, a response to a cap in such fees imposed last year by the Legislature Read more...
19 Apr Carriers, Shippers Working to Meet Demand for Freight Hauling Carriers and shippers are adjusting to an environment where rising freight rates and a driver shortage are bumping up against an expected drop in capacity now that soft enforcement for truck drivers to record their on-duty status using ELDs has ended, compelling the industry to work hard to prevent disruption in the movement of goods. Read more...
19 Apr North Carolina Truckers to See 14.61% Surcharge on Liability Insurance North Carolina motor carriers are being slapped with a 14.61% surcharge on their liability insurance policies to plug a $96 million shortfall in the state’s insurance risk pool. Read more...
19 Apr Tennessee Law Prohibits State Funds From Supporting ELD Enforcement of Ag Haulers Tennessee Gov. Bill Haslam signed a law April 18 that would prohibit state funds from being used to enforce electronic logging device regulations for certain agriculture-related hauls Read more...
19 Apr NAFTA Negotiators Wrap Up Telecom Chapter, Sources Say NAFTA negotiators are said to have wrapped up another chapter of the deal as the three ministers leading talks meet again in Washington amid a push for a deal in principle within weeks. Read more...
19 Apr Fed Economists Say Tariffs More Likely to Kill Than Create Jobs U.S. President Donald Trump may hope his tariffs on imported steel and aluminum will create new jobs, or at least protect existing ones. Researchers at the Federal Reserve Bank of New York said the opposite outcome was more likely. Read more...
19 Apr CARB Expected to OK Tougher Smoke Opacity Limits in May California environmental regulators are scheduled next month to consider changes that would toughen state standards on smoke opacity as well as require motor carriers with two or more trucks to report to the agency the results from an annual smoke self-test. Read more...