DOT to Give $10 Million to Help Disadvantaged Businesses Compete for Highway Funds
The U.S. Department of Transportation announced $10 million in funding for minority- and women-owned businesses to help them compete for federal highway contracts from the forthcoming $1.2 trillion in infrastructure investments.
March 22, 2022Markets Point Higher After Tough Inflation Talk From Fed
NEW YORK — Wall Street pointed toward a higher open on March 22, one day after Chairman Jerome Powell said the Federal Reserve was prepared to raise its benchmark short-term interest rate by a half-point multiple times, if necessary, to battle inflation.
March 22, 2022Diesel Ends 10-Week Surge, Dropping 11.6¢ to $5.134 a Gallon
The national average price of diesel reversed course and dropped in price, shedding 11.6 cents to $5.134 a gallon, according to Energy Information Administration data released March 21.
March 21, 2022As Gas Prices Rise, Towns Add Electric Car Charging Stations
ASBURY PARK, N.J. — A wave of new electric vehicle charging stations across the country is coming as interest in alternatives to gasoline-powered vehicles is on the rise, though most of the plans were in the works before recent gasoline price spikes.
March 21, 2022SEC Plan Would Require Climate-Change Risk Disclosures
Companies will need to reveal detailed information about their greenhouse gas pollution under a proposed U.S. Securities and Exchange Commission plan, marking a major shift in how corporations must show they are dealing with climate change.
March 21, 2022Canadian Pacific Work Stoppage Could Hit US Agriculture
DETROIT — Canadian Teamsters and CP Rail blamed each other for a work stoppage March 20 that brought trains to a halt across Canada and interrupted fertilizer and other shipments to and from the U.S.
March 21, 2022N.H. Removes Entry-Level Driver Technicality
A New Hampshire law preventing licensing of new entry-level truck drivers has been changed with the governor’s signing of immediate legislation to comply with new federal requirements.
March 21, 2022US Unveils Battery Strategy in West Virginia to Ease Coal Loss
Energy Secretary Jennifer Granholm and Sen. Joe Manchin on March 18 announced a program to develop lithium batteries in the U.S. as part of a broader strategy to help Appalachia amid a transition from coal.
March 18, 2022Calstart Taps David Chow for New C-Level Post
Calstart announced it appointed David Chow chief operating officer and vice president, a new position within the nonprofit focused on the adoption of clean vehicles.
March 18, 2022Energy Agency: 10 Steps to Save 2.7 Million Barrels of Oil a Day
BERLIN — The International Energy Agency says the world could quickly reduce global oil demand by 2.7 million barrels a day by cutting down on car and plane travel, helping easing the supply crunch caused by Russia’s invasion of Ukraine.
March 18, 2022