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Conversation Begins About Who Will Pay for Suez Canal Crisis

The Suez Canal may be open again, but the battle over damages from the waterway’s longest closure in almost half a century is just beginning.

March 30, 2021

Diesel Drops 3.3¢ for First Decline in 21 Weeks

The national average price of a gallon of diesel dropped 3.3 cents to $3.161 a gallon, the first decline since Nov. 2, 2020.

March 29, 2021

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

Biden Envisions Thousands of Wind Turbines Spinning at Sea to Bolster Grid

The Biden administration is outlining ambitions to dramatically boost offshore wind power in the U.S. by 2030, pushing to drive construction of projects at sea capable of generating enough electricity for more than 10 million American homes.

March 29, 2021

Senate Legislation Targets EV Charging Stations

The Securing America’s Clean Fuels Infrastructure Act, recently introduced by a bipartisan group of senators, would aim to boost investments, including extending current tax incentives for projects through 2029.

March 29, 2021

Biden Economic Plan to Focus First on Infrastructure This Week

WASHINGTON — President Joe Biden will lay out the first part of his multitrillion-dollar economic recovery package this week, focusing on rebuilding roads, bridges and other infrastructure, followed by a separate plan later in April addressing child and health care.

March 29, 2021

New ATA Panel Seeks to Strengthen Bond Between Truckers, Law Enforcement

A new panel of truckers will advise American Trucking Associations’ federation on ways to “grow and strengthen” relationships between the trucking industry and law enforcement organizations nationwide.

March 26, 2021

Consumer Sentiment Climbs as Virus Restrictions Ease

Consumer sentiment continued to improve in late March to a one-year high as more Americans got coronavirus vaccinations and business restrictions eased in many states.

March 26, 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