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Ships Diverted From Red Sea Send Ripple Effects Across Globe

Nearly six months into the Houthis relentless campaign to protest Israels war in Gaza, the economic fallout is widening.

June 3, 2024

Ohio Coordinates Super Load Cargo Movements on Trucks

Ohio transportation officials are coordinating the movements of several trucks carrying super loads of cargo weighing up to 900,000 pounds.

May 31, 2024

EV Maker Lucid Chops Hundreds of Jobs Amid Red Ink

NEWARK, Calif. Lucid Group has revealed its plans to slash hundreds of jobs, part of a reorganization that the maker of electric vehicles hopes will help position it for future success.

May 31, 2024

Inflation Gauge Rises at Slowest Pace This Year

WASHINGTON A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year.

May 31, 2024

OPEC+ Works on Output Cut Accord That May Stretch Into 2025

OPEC+ is pressing on with informal talks aimed at finalizing an agreement on oil output cuts this weekend, officials said.

May 30, 2024

House T&I Takes Up WRDA in June

WASHINGTON A policy update to the countrys network of waterways is on the upcoming schedule for the U.S. House of Representatives transportation panel.

May 30, 2024

Nebraska Leads State Groups in EPA, CARB Emissions Lawsuits

Nebraska is leading two state coalitions suing California and the U.S. Environmental Protection Agency over their individual emissions rules.

May 30, 2024

Senators Introduce Supply Chain Bill

Legislation that would establish a supply chain resiliency program at the Department of Commerce was recently unveiled in the Senate.

May 30, 2024

Senators Urge Prosecution of Alleged Oil Industry Collusion

WASHINGTON Senate Majority Leader Chuck Schumer and 22 other Democratic senators are calling on the Department of Justice to use every tool at its disposal to prevent and prosecute alleged collusion and price-fixing in the oil industry.

May 30, 2024