New Delhi, Oct. 7 -- Space is getting busier than a local highway at rush hour, so it needs new traffic rules.

The Transportation Department, under the authority of the Federal Aviation Administration, proposed five rules on Tuesday to "streamline and modernize the commercial space launch and reentry regulations."

The rules will speed launch licensing, broaden launch corridors, and update weather rules, among other changes, to reduce costs and wait times.

The output is the work of the Department's SPACE task force. "The SPACE Task Force is moving quickly to execute on President Trump's vision to achieve America's continued superiority in space," said U.S. Under Secretary for Transportation Ryan McCormack in a news release. "The commerc...