by
Tom Moore on Jul 10, 2024 6:47:28 AM
The Supreme Court’s decision to overturn the Chevron doctrine has far-reaching implications for federal regulations. This ruling curtails the power of federal agencies to interpret the laws they administer.
Examples of how this could impact the supply chain:
- Non-compete agreements in employment will be enforceable. Previously, the administration wanted to do away with all non-competes
- Mandatory reporting like those proposed for Scope 3 emissions. The Federal Trade Commission has mandated many time-consuming reports — these should now be considered on hold.
- Fuel efficiency mandates are a question mark. Will these still be enforced for trucks?
Stay tuned, as this is still evolving.
ACT Research reports: In June, new orders for heavy-duty trucks in North America were down 12% from June last year and 37% from May.
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