The U.S. average retail price of diesel dropped 3.5 cents to $3.07 a gallon, the Department of Energy reported June 17.
June 17, 2019Search
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Maryland, CSX and Port of Baltimore Cooperate to Rebuild Critical Tunnel
The Port of Baltimore and officials for the state of Maryland as well as railroad CSX Corp. are seeking federal help to rebuild the nearly 125-year-old Howard Street Tunnel, which, they say, is symptomatic of the nation’s crumbling infrastructure and is significantly slowing freight traffic.
June 17, 2019FHWA Announces Funding Opportunity for Transportation Technology Grants
The Federal Highway Administration recently announced the availability of $60 million in grant funding for states and cities pursuing projects that involve transportation technologies.
June 17, 2019Amazon, ExxonMobil Among Corporations Called Out Over Climate Transparency
Amazon.com, Exxon Mobil Corp. and Volvo are among more than 700 companies being targeted in a campaign backed by a large group of investors advocating for greater transparency when it comes to environmental impact.
June 17, 2019Exxon, Saudis Bet on Plastic, Chemicals With Coastal Texas Plant
Exxon Mobil Corp. and Saudi Arabia’s state-controlled petrochemicals company formally approved construction of a chemical complex in Texas that will process production from the Permian Basin’s booming oil and natural gas wells.
June 14, 2019China Asks for US Soy Shipment Delay, Citing Lack of Storage
Chinese state soybean buyers asked U.S. exporters to delay cargoes scheduled for July loading into August, citing limited availability of storage capacity, according to people with knowledge of the situation.
June 14, 2019FMCSA Chief Ray Martinez to Address Senators June 19
Ray Martinez, the country’s top trucking regulator, is scheduled to appear before the Senate Commerce Committee on June 19.
June 13, 2019China Sets Sights on Hydrogen Fuel Cell Market
His vision to make China an electric-vehicle powerhouse revolutionized the global auto industry, cementing a move from the combustion engine. Now, Wan Gang says get ready for the next game-changing moment.
June 13, 2019Tanker Attacks Raise Prospects for Higher Rates, Lifting Shipping Stocks
Suspected attacks on two commercial vessels near the Strait of Hormuz fueled expectations for higher shipping rates, driving up shares of companies that operate tankers.
June 13, 2019Jobless Claims Rise to Five-Week High, Exceed Forecast
Filings for U.S. unemployment benefits unexpectedly increased, rising to a five-week high and adding to signs of potential cooling in the labor market.
June 13, 2019