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Producer Prices Rose 2.1% From Last Year, Most Since April

WASHINGTON — U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. 

April 11, 2024

Feds: Ford Driver Using Automated System Before Fatal Crash

DETROIT — The driver of a Ford electric SUV involved in a February fatal crash in Texas was using the company's partially automated driving system before the wreck, investigators said.

April 11, 2024

Energy Researcher: Peak Oil Won’t Happen Before 2030

Global oil demand won’t peak before the end of this decade due to underwhelming fuel economy standards and slowing adoption of electric vehicles in the U.S., energy researcher Enverus says.

April 10, 2024

NTSB's Report on East Palestine Due Out in June

The head of the National Transportation Safety Board told senators the agency expects to unveil a report in June detailing last year’s freight train derailment in East Palestine, Ohio.

April 10, 2024

Shipping Giant MSC Vows to Fight ‘Excessive’ $63M FMC Fine

The world’s largest container carrier will push back against a proposed U.S. government fine that would rank among the stiffest penalties handed down by the Washington regulator.

April 10, 2024

Baltimore Port Closure Means 35% Drop in April Coal Exports

Closure of the Port of Baltimore — America’s second-biggest hub for coal — has choked exports of the fossil fuel, with flows expected to plunge 35% this month.

April 10, 2024

Rental Clothing Firm Opens Kansas City Fulfillment Center

Operations have begun in Missouri at a 600,000-square-foot fulfillment center for women’s rental clothing company Nuuly in a $60 million two-phase project to create 750 jobs in five years.

April 10, 2024

NTSB Eyes Ship’s Electrical System After Bridge Crash

Federal investigators looking into what caused a ship to crash into a vital Baltimore bridge last month are homing in on the vessel’s electrical system, NTSB Chair Jennifer ºÚÁϳԹÏÍøndy said.

April 10, 2024

Higher Gas and Rents Keep Inflation Elevated

WASHINGTON — Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said April 10.

April 10, 2024

$73 Million Cold Storage Site Set for Port of Gulfport

A subsidiary of Core X Partners is investing $73 million to establish a Mississippi cold storage site at the Port of Gulfport in a venture to revitalize the Gulf Coast cold supply chain.

April 10, 2024