Russian oil shifts to accommodate Asia instead of Europe
Asia wins Russian oil while Europe suffers major cut-backs.
$512.2 million federal grant infusion into nation’s bridge repairs
Truckers may smile a little about this: the Department of Transportation is granting over $500 million to road and bridge repairs across the country.
Beef processing plant joins forces with retailer Walmart
The price of meat has gone through the roof, and Walmart is hoping to ease that inflationary pain of its customers.
Months-long railroad car congestion is clearing up, reports Union Pacific
The Union Pacific railroad, one of the largest private rail networks in the country, is finally reporting greener pastures after months of crippling congestion on its tracks.
Critics of CHIPS Act warn it won’t fix the problem immediately - or ever
The CHIPS Act probably won’t solve the looming semiconductor problem.
Customers wary of medical device deliveries to their home
Consumers don’t trust speedy delivery when it comes to medical devices.
Williams-Sonoma wants to replace Chinese suppliers
Your kitchen is about to struggle to get more Williams-Sonoma products.
Natural gas competition is creating a crisis spilling into the U.S.
Countries in the European Union are scrambling for better alternatives to Russian fuel, creating a fever pitch and an energy crisis which is starting to bleed into the American grid.
N95 respirator shortage is over, according to the FDA
The Food and Drug Administration announced early into the pandemic that N95 respirators were in short supply.
Chinese stimulus plan unveiled: $44 billion
China’s economy is experiencing massive disruption, but the country has plans.
Federal Reserve disappointed as job vacancies grew in July
Signs of a weakening economy and still-growing inflation are worrying Federal Reserve officials, especially after July reports show growing job vacancies.
Volkswagen CEO advocates for outside assistance for full-scale EV implementation
Volkswagen is making moves.
Electric vehicle makers scramble for Canada’s raw materials
Lithium and nickel are the prime ingredients for an electric vehicle’s battery and Canada has the goods.
China’s economy is on the decline, but why?
Xi Jinping, the leader of the People’s Republic of China, is heading toward his third term this year.
UK port strike leaders threaten peak season disruption if terms aren’t met
Excited for Christmas presents? Start early this year.
Somalian piracy no longer a “high risk threat” to shippers
When someone says “piracy” they may then think, “of the Caribbean” - unless they’re in the shipping industry.
Port of Seattle union workers in dispute with terminal
Two unions that represent the workers who operate and maintain the terminal at the Port of Seattle are currently disputing with their employers.
New York is desperate to avoid a gasoline shortage
The Jones Act is a 100-year-old shipping law that requires all goods moved between American ports to be transported on domestic ships, and those happen to be some of the most expensive.