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, 2021Search
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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, 2021Oil 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, 2021Biden 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, 2021Senate 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, 2021Biden 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, 2021New 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, 2021Consumer 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, 2021NYC-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, 2021Blocked 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