Search Results for keywords:"cost savings"

The Federal Aviation Administration (FAA) plans to decommission the Flight Service communication frequencies network across the contiguous United States, excluding Alaska, due to the outdated infrastructure and dramatic drop in service requests. The network, which was developed over 40 years ago, has become redundant with current technology, and maintaining it costs taxpayers millions annually. This move is expected to save costs as pilots now primarily use mobile technology for inflight advisory services. The FAA is seeking public comments on this decision and will consider them before finalizing the plan.

The Federal Aviation Administration (FAA) has introduced updates to its regulations regarding aircraft registration and recordation. These changes aim to ease administrative requirements by allowing the submission of non-original documents electronically and ending the practice of stamping documents. The new Civil Aviation Registry Electronic Services (CARES) system will be used to enhance online registration processes, providing users with more efficient and flexible options than traditional methods. The amendments are expected to save costs for both the FAA and users while streamlining the registration process.

The Federal Railroad Administration (FRA), part of the Department of Transportation, has withdrawn a proposed rule regarding the investigation of railroad accidents and incidents. The rule, initially published in October 2024, aimed to establish a standard process for information gathering and consultation with stakeholders during investigations. The decision to retract follows two negative comments criticizing insufficiencies and potential issues, including vague definitions and conflicts with existing practices. The withdrawal allows FRA to revisit the proposal and work with stakeholders to address concerns.

The Department of Housing and Urban Development (HUD) is seeking approval to collect information for a new assessment on improving home safety and quality. This will evaluate coordination between HUD's Lead Hazard Control Program and the Department of Energy's Weatherization Assistance Program. They aim to discover if this collaboration results in cost savings and better health outcomes. HUD invites the public to comment on this proposal, focusing on its necessity, usefulness, and methods to minimize information collection burdens.

The Agricultural Marketing Service (AMS) has made a final rule that changes how butterfat testing records are handled for the Dairy Grading and Inspection Program. The rule allows plants to do butterfat tests in-house or at approved third-party labs and obligates them to keep these records available for inspection by the USDA. This change aims to streamline processes by aligning with current industry practices and providing a more accurate picture of the butter's quality over time. The rule is expected to help butter plants save between $4,560 and $31,560 annually by eliminating the need for duplicate USDA inspections.

The Occupational Safety and Health Administration (OSHA) is proposing changes to the Hazard Communication Standard (HCS) to better align it with international guidelines, specifically the United Nations' Globally Harmonized System of Classification and Labelling of Chemicals (GHS), Revision 7. This proposed rule aims to improve how chemical hazards are communicated to employers and employees, ensuring greater consistency and effectiveness. The updates included in the rule cover how hazards are classified, how labels are created, and technical updates to safety data sheets, among others. The public is invited to submit comments on these proposed changes by April 19, 2021.

The Drug Enforcement Administration (DEA) is proposing a new rule to require that all applications and renewals for DEA registration be submitted online. This change will eliminate the current option to submit paper forms, making the process more efficient and cost-effective. The proposal is expected to save money for both the DEA and applicants by reducing errors and the need for corrections, while nearly all current applicants already use the internet for submissions. The rule change also aligns with federal efforts to streamline and modernize regulatory processes.

The New York Stock Exchange LLC has proposed a new rule change to adjust the fee structure for limited partnerships that are at least 40% owned by another company already listed on the Exchange. This change would establish a flat fee, which is the minimum annual fee applied, to reflect the cost savings from servicing affiliated listings, such as shared management between the entities. The Exchange believes this adjustment is fair and reasonable, as it would help them compete more effectively for listings in a highly competitive market. This proposed rule change is effective upon filing and is open for public comments.

The Natural Gas Pipeline Company of America, LLC is seeking permission from the Federal Energy Regulatory Commission (FERC) to abandon a compressor unit at its station in the Keota Storage Field in Iowa. This compressor has become outdated and is not needed for the site's operation. This change aims to save costs while maintaining efficiency. The public can participate by sending comments or protests, and the deadline for these submissions is May 16, 2025.

The Nasdaq Stock Market LLC has proposed a rule change to waive certain fees for listing non-convertible bonds. This waiver applies when these bonds are voluntarily delisted from a foreign regulated exchange and then listed on Nasdaq. The change aims to eliminate the burden of paying fees to both exchanges, making it more attractive for companies to list their bonds on Nasdaq. This proposal is believed to be fair, not discriminatory, and aligns with practices on other exchanges.