Business

Another month, another all-time monthly record at the Port of Los Angeles, the nation’s busiest port facility.

Applications for U.S. state unemployment insurance fell last week to the lowest since 1969 as demand for labor far exceeds supply and rampant inflation keeps the incentive to work high.

A move by states to soothe the sting of soaring fuel prices by temporarily suspending diesel fuel taxes has some unlikely opponents: truckers, the very people it’s supposed to help.

PORTLAND, Maine — With inflation raging and state coffers flush with cash, governors and lawmakers across the U.S. are considering a relatively simple solution to help ease the pain people are feeling at the gas pump and grocery store — sending money.

OMAHA, Neb. — BNSF’s two largest unions will ask an arbitrator to throw out the railroad’s strict new attendance policy instead of appealing a court order preventing them from striking.

California Gov. Gavin Newsom would send car owners $400 debit cards and partially pause gasoline taxes to address high gas prices, he said March 23.

Congestion in the key Chinese ports of Shenzhen and Hong Kong due to COVID-19 lockdowns has risen to the highest level in five months, posing possible delays to goods heading to the U.S. this summer.

The nationwide adoption of autonomous vehicle technology would potentially improve safety and connectivity for the commuter and commercial transportation sectors, a key proponent of the technology in the U.S. Senate said at a hearing on March 23.

With the state budget surplus hitting record-breaking levels, Connecticut legislators voted unanimously March 23 to cut gasoline taxes — and talked about reducing more taxes in the future.

The chief executives of some of the largest U.S. chip manufacturing companies urged Congress to pass legislation that includes $52 billion in incentives for their industry, calling it “essential” to maintaining competitiveness with China and other countries.