U.S. Treasury Department
- Regulatory Agencies
US regulators balk at billion-dollar takeover of Ports America
Federal regulators are calling for a “full and thorough review” of the proposed purchase of the largest port operator in the U.S. by a Canadian…
Read More » - Less than Truckload
Yellow, ABF drivers edge closer to long-term pension protection
The Teamsters’ Central States Pension Fund could be saved through the COVID-19 relief package.
Read More » - Parcel
US Postal Service begins agency overhaul
DeJoy affirms plenty of capacity for handling presidential election mail-in ballots.
Read More » - Parcel
Postal Service reaches agreement on $10 billion Treasury loan
Trump opposed CARES Act loan in May unless agency raised rates it charged Amazon
Read More » - Legal issues
Feds fine Amazon for selling to sanctioned countries
Amazon acknowledged in 2017 that it had reported apparent violations to U.S. Treasury.
Read More » - News
Trying to make sense of the YRC bailout
YRC’s $700 million loan from the Treasury Department raises concerns from industry experts about the survival of the company and whether the deal is worth…
Read More » - Trucking Regulation
Women-owned trucking gets more access to new $320 billion PPP
Trump signs bill carving out $60 billion in loans specifically for smaller community-based lenders.
Read More » - Trucking Regulation
Transportation companies receive $10.6 billion in emergency cash
Sector makes up 3% of $342 billion worth of COVID-19 payroll protection loans.
Read More » - American Shipper
US tightens sanctions lasso on Rosneft operations handling Venezuelan oil
The Office of Foreign Assets Control added Russian oil company overseas affiliate TNK Trading International in Switzerland to the Specially Designated Nationals and Blocked Persons…
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