The bottleneck created when the Ever Given container ship got stuck in the Suez Canal stranded shipments from auto parts and dairy to beer and luxury goods on their way to markets …
Read More »Amtrak wants train travel to be a better alternative to short and long flights
WASHINGTON – The Biden administration’s plan to spend $ 80 billion rebuilding the nation’s rail assets could allow Amtrak to pursue the ambitious goal of providing a rail alternative to flying and …
Read More »CDC Relaxes Covid-19 Travel Guide for Fully Vaccinated People
People who are fully vaccinated against the coronavirus can travel without exposing themselves to serious risk as long as they wear masks and take other precautions, the Centers for Disease Control and …
Read More »Household spending in the US fell 1% in February
American households cut spending by 1% last month as cold weather hit much of the country, but they are poised to resume shopping as the pandemic slows and a new round of …
Read More »TuSimple IPO filing shows autonomous trucks are still a waste of money
Self-driving company TuSimple Inc. released paperwork for its initial public offering on Tuesday that shows it has lost more than $ 300 million in the past three years in the race to …
Read More »The Suez Canal is blocked by a giant container ship
A giant chest ran aground in the Suez Canal on Tuesday, blocking all boat traffic and creating a backlog of vessels on one of the world’s busiest trade routes. The Ever Given, …
Read More »Kansas City Southern, Tesla, Support.com, Synnex: What to Watch When the Stock Market Opens Today
This is what we are seeing before the trading action begins on Monday. –US equity futures rose, with tech stocks poised to lead earnings. Futures linked to the S&P 500 added 0.2%. …
Read More »Cruise lines fear another lost summer
PORT CANAVERAL, Fla. – Terminal Tres, a cavernous $ 155 million structure built for Carnival Cruises, is decked out in the company’s signature blue paint, hundreds of beechwood seats, and a sleek …
Read More »For foreign companies in Myanmar, the coup creates an ‘unworkable’ situation
SINGAPORE – Foreign companies in Myanmar struggle to operate in an increasingly volatile environment as the armed forces use deadly violence against a growing protest movement opposing last month’s coup and sections …
Read More »Railroads Achieve $ 25 Billion Merger
The companies said Sunday that their boards agreed to a deal that values Kansas City at $ 275 per share in a combination of cash and shares. Kansas City investors will receive …
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