Comments on the Federal Register announcement are due on or before May 5. (Willowpix/Getty Images) Keying off previous presidential executive orders regarding streamlining regulations, the Department of Transportation is reaching out to truckers, trade organizations and small businesses for ideas on how to “ensure lawful regulations, reduce regulations and control regulatory costs.” President Donald Trump’s ...more
(simon2579/Getty Images) WASHINGTON — President Donald Trump threatened additional tariffs on China on April 7, raising fresh concerns that his drive to rebalance the global economy could lead to a trade war. Trump’s threat, which he delivered on social media, came after China said it would retaliate against U.S. tariffs announced last week. “If China ...more
The U.S. Steel Corp. Clairton Coke Works facility in Clairton, Pa. (Justin Merriman/Bloomberg) President Donald Trump ordered another review of the potential sale of U.S. Steel Corp. to Nippon Steel Corp., opening the door to amend a decision by his predecessor, Joe Biden, to block the transaction. In an order published April 7, Trump directed ...more
(Qilai Shen/Bloomberg News) Ancora Holdings Group has unveiled a turnaround plan for United States Steel Corp. it estimates would deliver the steelmaker’s shareholder’s more than $75 per-share in value, if a takeover by Nippon Steel Corp. falls through. The activist investor, which is seeking to replace U.S. Steel’s board and CEO, outlined a plan that ...more
A containership approaches the port of Santos in Brazil on April 1. (Andre Penner/AP) Governments from across the world are gathering in London this week to thrash out a landmark global carbon charge for the shipping industry. There’s been quiet optimism among those following the talks that, despite recent U.S. silence about potential new rules, ...more
“The president’s indicated he would veto it," Thune said. "And I don’t see how they’d get it on the floor in the House.” (Al Drago/Bloomberg News) Senate Republican leader John Thune predicted a bipartisan bill that would give lawmakers greater oversight of President Donald Trump’s tariffs would languish in Congress. The legislation, co-sponsored by GOP ...more
“The president’s indicated he would veto it," Thune said. "And I don’t see how they’d get it on the floor in the House.” (Al Drago/Bloomberg News) Senate Republican leader John Thune predicted a bipartisan bill that would give lawmakers greater oversight of President Donald Trump’s tariffs would languish in Congress. The legislation, co-sponsored by GOP ...more
A DTNA Freightliner eCascadia charges. The grants are being offered by the Tennessee Department of Environment and Conservation to reduce nitrogen oxide emissions. (Daimler Truck North America) Tennessee announced April 3 the availability of $19.4 million in grants to public, nonprofit and private fleets to replace eligible medium- and heavy-duty vehicles with greener vehicles. The ...more
Trucks at a rest area near Elizabethtown and Glendale, Ky. A bill that would guarantee truckers on their routes have access to restrooms was recently introduced in the U.S. House of Representatives. As a response to long-standing concerns raised by industry stakeholders, policymakers introduced the Trucker Bathroom Access Act. Its sponsors are pressing for passage ...more
