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Oil Rises for Second Day With Focus Moving Toward OPEC+ Meeting

Oil climbed to the highest in almost two weeks as traders looked ahead to this week’s OPEC+ meeting with speculation that renewed demand concerns will spur the group to keep production in check.

March 29, 2021

NYC-N.J. Tunnel Plan Has ‘Sense of Urgency,’ Buttigieg Says

The Biden administration is prioritizing the Gateway rail tunnel project between New York City and New Jersey with urgency because of its “national significance” to the economy, Transportation Secretary Pete Buttigieg told lawmakers.

March 26, 2021

Blocked Suez Canal Compounds Stress to Supply Chains

Dislodging the container vessel blocking the Suez Canal will take until at least March 31, a longer effort than initially feared that will amplify the disruption to global supply chains for everything from oil to grains to cars.

March 26, 2021

Infrastructure Plan Coming March 31, Biden Says

President Joe Biden said he will unveil his long-term economic rejuvenation plan March 31, promising a new “paradigm” for the middle class and a major ramp-up in investment and infrastructure spending that will strengthen the U.S. position against China.

March 25, 2021

Suez Canal Choked for Third Day as Elite Team Tackles Stuck Ship

A huge backlog of ships was building up around the Suez Canal for a third day as an elite salvage team set about the monumental challenge of freeing the container vessel that’s blocking the crucial waterway.

March 25, 2021

February Tonnage Takes Winter Weather Hit

Severe winter weather took a toll on truck tonnage in February, according to American Trucking Associations.

March 23, 2021

A Year of Pandemic: Ports Battled COVID in 2020, and now Freight Crunch in 2021

American Association of Port Authorities CEO Chris Connor told Transport Topics the biggest takeaway from the coronavirus pandemic is the essential nature of ports.

March 22, 2021

Elizabeth Warren, AOC Lay Down Green Transit Plan for Biden

Progressives in the House and Senate plan to set down a marker March 18 for President Joe Biden’s infrastructure plans, introducing a $500 billion proposal to shift U.S. transportation away from fossil fuels.

March 18, 2021

Intel, Ford Urge Tax Benefits for Chips, US Manufacturing

Foreign producers of semiconductors, electric car batteries and pharmaceuticals will continue to squeeze U.S. manufacturing unless Congress provides more incentives for domestic production, representatives from Intel Corp. and Ford Motor Co. said March 16.

March 16, 2021

Maersk Is Said to Weigh Sale of $1 Billion Cold Container Unit

A.P. Moller-Maersk A/S is considering a sale of its refrigerated container business as demand for the cold storage units surges during the COVID-19 pandemic, according to people familiar with the matter.

March 10, 2021