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Biden Signs Competition Order Targeting Big Business

President Joe Biden signed July 9 an executive order that the White House says will target anti-competitive practices in tech, health care and other parts of the economy while boosting workers’ wages and consumer protections.

July 9, 2021

Thousands of Railcars Stuck After Canadian Wildfires

Thousands of railcars loaded with grain are idled in the Vancouver corridor after Western Canadian wildfires damaged two main lines, while repairs enable a small but rising number to reach the country’s biggest port.

July 8, 2021

US Seeks to Lower Spiking Shipping Costs With Competition

The Biden administration is set to ask regulators to promote competition in the ocean shipping and rail industries after consolidation led to spikes in prices, according to a person familiar with a pending executive order.

July 8, 2021

229% Surge in China-US Shipping Costs Drives Inflation Pressure

The cost to ship a boxload of goods to the U.S. from China edged close to $10,000 as the world’s biggest economy keeps vacuuming up imports amid slower recoveries from the pandemic from Europe to Asia.

July 8, 2021

Western Fires Halt Hundreds of Canada Railcars, Slowing Exports

Hundreds of railcars have been halted by wildfires that damaged tracks in western Canada during the region’s severe heat wave, creating a bottleneck of exports and delaying imports.

July 7, 2021

Trade Deficit Increased to Second Biggest on Record in May

The U.S. trade gap widened in May to the second-largest on record as imports increased faster than exports.

July 2, 2021

Vermont Officials Continue Effort to Keep Trucks Out of Smugglers’ Notch

Vermont transportation officials are leading an effort to keep large commercial vehicles out of Smugglers’ Notch, a twisting mountain pass on which numerous truckers have gotten stuck over the years.

July 1, 2021

White House Sets Red Line Around Climate Goals in Reconciliation

Major climate measures sought by the White House that were left on the cutting room floor during infrastructure negotiations with Republicans will be non-negotiable items as the administration sets its sights on the next legislative vehicle, a White House official said June 30.

June 30, 2021

Workhorse Says It Didn’t Get a Fair Shot at USPS Van Award

The U.S. Postal Service didn’t give Workhorse Group Inc. a fair shot at a contract worth as much as $6 billion to build mail delivery vans, the maker of electric vehicles said in its challenge of the service’s decision to award the work to Oshkosh Corp.

June 30, 2021

US Should Distance From Trump-Era Trade, Key EU Official Says

The Biden administration should take a different approach to trade than that of its predecessor to help improve the U.S. economy, a key European Commission trade official said.

June 29, 2021