SEA-LNG welcomes Puget LNG to coalition
Puget LNG is the latest LNG supplier to join growing cross-industry coalition, SEA-LNG. The addition of Puget LNG strengthens SEA-LNG’s membership base on the North…
NACD applauds finalization of STB rule requiring greater transparency on demurrage billing statements
Today, National Association of Chemical Distributors (NACD) President and CEO Eric R. Byer issued the following statement applauding the U.S. Surface Transportation Board (STB) for…
Egypt will release ship that blocked Suez Canal once compensation deal reached
Egypt will release the giant container ship that had blocked the Suez Canal for nearly a week once a deal is reached on compensation for…
US adds seven Chinese supercomputing firms to export-ban list
The U.S. added seven Chinese supercomputing firms to a list of entities banned from receiving exports from American companies, citing activities contrary to the national-security…
Europe gasoline rockets despite demand blight from lockdowns
As Europeans drive less, the price they’re paying for gasoline to power their cars is moving higher as the continent’s oil refineries boost exports --…
Biden infrastructure plan seeks $571 billion in transport funds
President Joe Biden’s proposed infrastructure bill calls for $571 billion in additional transportation spending over current federal levels, and $50 billion to make infrastructure more…
Yuan erases year’s gains against dollar while PBOC steps aside
China’s yuan is hurting after months of standing tall against the dollar.
Granite bound for US countertops delayed by container shortage
The American quest for swankier kitchens is running into difficulties importing granite slabs for countertops and vexing industries ranging from trucking to interior decorating.
Low-cost carrier Avelo starts flights with an eye on Southwest
One of two new U.S. low-cost airlines, the first to debut in more than a decade, is about to begin flying just as larger rivals…
Rising pork demand drives US hog prices to highest since 2014
Lean hogs, one of this year’s best-performing commodities, are fetching the highest U.S. prices since 2014 as pork-pricing changes in the Philippines lift demand prospects.
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