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GovernmentBusinessFuel

Saudis Say US Sought One-Month Delay of OPEC+ Production Cuts

DUBAI, United Arab Emirates — Saudi Arabia said Oct. 13 that the U.S. had urged the kingdom to postpone a decision by OPEC and its allies — including Russia — to cut oil production by a month.

October 13, 2022
GovernmentTechnology

North Dakota to Spearhead Four-State Hydrogen Hub

North Dakota Gov. Doug Burgum has formed a regional hydrogen hub with the governors of Minnesota, Montana and Wisconsin as states continue to jockey in the race for federal funds and national eminence.

October 13, 2022
BusinessTechnologyFuel

Sony, Honda Kick Off EV Company

TOKYO — A new electric car company that brings together two big names in Japanese business, Honda and Sony, officially kicked off Oct. 13.

October 13, 2022
GovernmentBusiness

White House Aims to Speed Up Pace of Building Infrastructure

WASHINGTON — The White House hosted a summit Oct. 13 to help speed up construction projects tied to the roughly $1 trillion infrastructure law — an effort to improve coordination with the mayors and governors who directly account for 90% of the spending.

October 13, 2022
GovernmentBusiness

Inflation Pressures Intensified in September

WASHINGTON — Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains that many have received and ensuring that the Federal Reserve will keep raising interest rates aggressively.

October 13, 2022
BusinessEquipmentLogistics

Port Leaders to Meet Amid Rapidly Changing Environment

Uncertainty over labor negotiations at West Coast ports and East Coast facilities seeing a surge in business are just two signs port industry leaders see in a fast-evolving environment.

October 12, 2022
GovernmentBusinessSafety

Rural Minnesota Freight Highway to Get $10 Million Face-Lift

A 90-year-old undivided two-lane freight corridor is getting a $10 million face-lift in a Minnesota agricultural belt where truckers, commuters and farmers cope with high crash rates and congestion.

October 12, 2022
Business

Bison Transport Acquires Pottle’s Transportation

Bison Transport has acquired Hermon, Maine-based truckload carrier Pottle’s Transportation, it was announced Oct. 12.

October 12, 2022
GovernmentBusinessSafetyLogistics

Feds Award Grants for Freight Waterways

To alleviate bottlenecks along the country’s major supply chains, the Maritime Administration recently awarded nearly $39 million in grants to a dozen marine highway projects.

October 12, 2022
BusinessPrivate

PepsiCo Lifts Outlook as Drink, Snack Sales Buck Inflation

PepsiCo Inc. said its playbook for battling inflation is still working, with price hikes fueling double-digit gains in sales despite lower volumes of snack purchases.

October 12, 2022

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