Port of Savannah Reports Record Cargo Volumes for January
SAVANNAH, Ga. — The Port of Savannah has added another month to its streak of record cargo volumes amid a surge that has forced U.S. seaports to scramble to meet demand.
February 14, 2022Maersk Sees Record Profit as Demand Surges
COPENHAGEN, Denmark — Maersk said that 2021 was its most profitable year yet, bringing in $18.7 billion as surging demand from a rebounding global economy led to supply chain logjams.
February 9, 2022Senators Call for Gas Tax Suspension to Blunt Rising Prices
WASHINGTON — Some Democratic senators on Feb. 9 called for suspending the federal gas tax for the remainder of the year to help consumers struggling with rising fuel prices.
February 9, 2022Exxon Restructures Divisions, Packs Up for Houston
NEW YORK — Exxon Mobil is restructuring its business into three divisions and moving its headquarters 250 miles south from Irving, Texas, to its campus north of Houston.
January 31, 2022Ohio Lured Intel’s Chip Plant With $2B in Incentives
COLUMBUS, Ohio — Ohio offered Intel Corp. incentives worth roughly $2 billion to secure a new $20 billion chipmaking factory that the company says will help alleviate a global shortage and create a new technology hub in the Midwest.
January 28, 2022Biden Visits Collapsed Bridge, Touts Infrastructure Needs
PITTSBURGH — Arriving just hours after a serious bridge collapse, President Joe Biden stared into the cratered muddy earth where the aging span fell early Jan. 28, striking evidence supporting the $1 trillion infrastructure law he already had planned to tout on his trip here.
January 28, 2022Bridge Collapses in Pittsburgh
PITTSBURGH — A 50-year-old bridge collapsed in Pittsburgh early Jan. 28, requiring rescuers to rappel nearly 150 feet and form a human chain to reach occupants of a bus that had plummeted with the span into a park ravine.
January 28, 2022Bentley Pours Billions Into Electric Car Overhaul
LONDON — Bentley Motors is pouring billions into upgrading manufacturing to accelerate its electric vehicle development plan, joining other auto brands shifting away from gasoline engines, the luxury automaker said Jan. 26.
January 26, 2022Thieves Raiding Rail Cargo Containers in Los Angeles
LOS ANGELES — Thieves have been raiding cargo containers aboard trains nearing downtown Los Angeles for months, taking packages belonging to people across the U.S. and leaving the tracks blanketed with discarded boxes.
January 14, 2022Another Round of Snow Aimed at Frigid Northwest
A thaw-out is coming for frozen Seattle and Portland, Ore., but not before another round of snow that could compound problems for a region more accustomed to winter rain than arctic blasts.
December 29, 2021