Port Automation Hurts Economy, Says Study Funded by Longshore Union
Automation at the Long Beach Container Terminal and the Port of Los Angeles’ TraPac terminal has eliminated 535,848 hours and $41.8 million in wages annually for dockworkers, even as production at ports that are automated is typically lower than at those that aren’t, according to a new study.
June 30, 2022Key Inflation Gauge Remains a High 6.3%
WASHINGTON — A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3% in May from a year earlier, unchanged from its level in April.
June 30, 2022OPEC+ Oil Boost Unlikely to Ease Fuel Prices
NEW YORK — The OPEC oil cartel and allied producing nations decided June 30 to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fueled inflation plaguing the global economy.
June 30, 2022Buttigieg Launches $1 Billion Pilot to Build Racial Equity in Roads
WASHINGTON — Transportation Secretary Pete Buttigieg on June 30 launched a $1 billion first-of-its-kind pilot program aimed at helping reconnect cities and neighborhoods racially segregated or divided by road projects, pledging wide-ranging help to dozens of communities despite the program’s limited dollars.
June 30, 2022Texas State Police to Begin Border Checks After Migrant Tragedy
Texas Gov. Greg Abbott said state police will begin inspecting vehicles crossing the border from Mexico in response to the deadly migrant tragedy that killed 53 people this week.
June 29, 2022Former Roadrunner CFO Ordered to Pay $1.1 Million in Restitution
A federal judge ordered Peter Armbruster, former chief financial officer of Roadrunner Transportation Systems Inc., to pay $1.1 million in restitution in connection with a sophisticated account fraud scheme.
June 29, 2022Biden Administration Holding Its First Onshore Oil Sales
BILLINGS, Mont. — The U.S. government this week is holding its first onshore oil and gas drilling lease auctions since President Joe Biden took office after a federal court blocked the administration’s attempt to suspend such sales because of climate change worries.
June 29, 2022US Gasoline Market Dips in Peak Season as High Prices Slow Demand
Gasoline demand in the U.S. shows signs of further softening just three weeks into the peak driving season, with near-record prices likely encouraging people to stay closer to home.
June 29, 2022Age of Electric Box Trucks Within Reach, NACFE Reports
The entire U.S. and Canadian market of hundreds of thousands of simple medium-duty box trucks will come to embrace electrification, leading the way for other more complex medium-duty applications over the next decade as the industry pursues zero emissions, according to the North American Council for Freight Efficiency.
June 29, 2022Hyzon Motors Appoints Shawn Yadon President of Commercial Operations
Hyzon Motors Inc. has selected Shawn Yadon to be president of commercial operations, the fuel cell electric mobility company announced June 29.
June 29, 2022