New Yorkers Say No to $15 Manhattan Congestion Toll
A recent poll by Siena College reveals that a majority of New Yorkers are not in favor of a proposed $15 congestion toll for entering Midtown Manhattan.
U.S. Residential Electricity Bills in 2023 Rose Less Than Rate of Inflation
In 2023, the average monthly electricity bill for U.S. homes nudged up by 2% to $138, which was actually less dramatic compared to the overall inflation rate of 4.1%.
Nordstrom Considers Going Private
The Nordstrom family is looking into the possibility of taking their department store private, with a special committee set up to review potential bids.
Insurance Companies Pull Back from California Market
Two more insurance providers, Tokio Marine America Insurance Co. and Trans Pacific Insurance Co., are set to exit the California insurance scene.
TSMC Adjusts Expectations Amid Growing Challenges
On Friday, TSMC's shares in Taipei took a significant hit, dropping by 6.7% following their first-quarter earnings report.
FBI Director Highlights Chinese Cyber Threats to U.S. Infrastructure
FBI Director Christopher Wray recently highlighted a serious cyber threat from Chinese government-linked hackers, known as Volt Typhoon, in a speech at the 2024 Vanderbilt Summit on Modern Conflict and Emerging Threats.
California Fast Food Chains Raise Prices in Response to Minimum Wage Increase
Following California's new $20-an-hour minimum wage law that kicked in on April 1, fast food joints across the state have bumped up their menu prices.
Biden Proposes Tripling Tariffs on Chinese Steel and Aluminum Imports
President Joe Biden is advocating for a significant increase in tariffs on Chinese steel and aluminum imports, proposing to triple the current rates.
J.B. Hunt's Q1 Earnings: Missed Expectations Amid Challenges
J.B. Hunt Transport Services didn't quite hit the mark this quarter, with earnings per share landing at $1.22, below the expected $1.50.
March Performance Reflects Continued Challenges for Freight Industry
In March, the freight sector didn't quite hit the usual spring upswing, with the Cass Freight Index reporting that both shipments and expenditures mostly mirrored February's figures, falling short of typical seasonal patterns.
Solar Advocacy Groups Take Their Fight to California's Highest Court
Environmental organizations in California are gearing up for a significant legal battle as the state Supreme Court agrees to hear their case against recent adjustments to the solar compensation rules.
Updated Perspectives on Retirement Savings
In recent years, Americans have adjusted their retirement savings targets significantly.
Panama Canal Is On the Road to Recovery After Dry Season
After a challenging six months marked by the driest October in 73 years, the Panama Canal is finally seeing a turnaround.
FBI Probes Baltimore Bridge Collapse Amid Legal Moves
The FBI is investigating the catastrophic collapse of Baltimore's Francis Scott Key Bridge, focusing on the events that led up to the incident and whether federal laws were adhered to.
Major Investment in Texas Samsung Chip Manufacturing by Biden Administration
The Biden administration has committed up to $6.4 billion to help Samsung Electronics set up a major computer chip manufacturing hub in Texas.
Navigating Unprecedented Drug Shortages in the U.S.
Drug shortages in the U.S. have hit a record high this year, with the American Society of Health-System Pharmacists (ASHP) reporting 323 active shortages.
Shifting Consumer Sentiment Sparks A Signal for Transportation and Logistics
In April, U.S. consumer sentiment took a sharper downturn than expected, hitting 77.9 from March's 79.4, reflecting growing concerns over inflation which continues to influence the economic outlook.
Tragic Incident at Brenham DPS Office Highlights Security Needs in Licensing Facilities
For those of us in the transportation and logistics industry, the recent tragic incident in Brenham, Texas, where a man drove a stolen 18-wheeler into a Department of Public Safety (DPS) office, serves as a stark reminder of the critical importance of security and mental health support in our field.
The Complex Road of Renewable Energy Development in Morocco
A significant project in Morocco aimed at revolutionizing renewable energy has hit a major roadblock.
The Fallout from Baltimore's Key Bridge Collapse Leaves Implications for Dockworkers
Last month, a major incident occurred when Baltimore's Key Bridge, a crucial artery for transit and shipping, was struck by a cargo ship and collapsed.