13 Jul AASHTO Highlights Funding, Infrastructure Resilience Policies Long-term funding for highway programs, greater focus on severe-weather resilience and enhancing resources for electric vehicle charging infrastructure are policy priorities for the association that represents the country’s state transportation agencies. Read more...
13 Jul ‘Fragile’ Jet Fuel Supply Chain Could Ground Firefighting Aircraft BOISE, Idaho — Airport officials facing jet fuel shortages are concerned they’ll have to wave off planes and helicopters that drop fire retardants during what could be a ferocious wildfire season, potentially endangering surrounding communities. Read more...
13 Jul Electrify America to Double EV Charging Stations by 2025 SILVER SPRING, Md. — Electrify America, an electric vehicle charging network funded with money paid by Volkswagen as punishment for its emissions cheating scandal, said it plans to more than double its number of charging stations throughout the United States and Canada. Read more...
13 Jul Slow Vaccine Rates for Seafarers Threaten to Worsen Shipping Chaos Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic slowdowns. Read more...
13 Jul EV Battery Maker SES Agrees to Go Public Via Ivanhoe SPAC Battery maker SES Holdings Pte has agreed to go public by merging with Ivanhoe Capital Acquisition Corp. in a deal that will value the combined company at about $3.6 billion. Read more...
13 Jul Consumer Prices Surged in Past Year the Most Since 2008 WASHINGTON — American consumers faced a third straight monthly surge in prices in June, the latest evidence that a rapid reopening of the economy is fueling pent-up spending for goods and services that in many cases remain in short supply. Read more...
13 Jul PepsiCo’s Sales Jump Most in a Decade as Restaurants Reopen PepsiCo Inc. reported the fastest sales growth in at least a decade and raised its forecast, benefiting from thirsty consumers returning to restaurants, bars and stadiums and others diving into bags of chips. Read more...
13 Jul Bipartisan Infrastructure Deal Stalls as Bigger Plan Gains WASHINGTON — A $1 trillion bipartisan infrastructure deal senators struck with President Joe Biden is at risk of stalling out as Republicans mount stiff resistance over ways to pay for it, and momentum shifts to a more robust Democratic proposal that could come into focus soon. Read more...
13 Jul House Funding Leaders Back $1.9 Billion USDOT Budget Increase A new bill from U.S. House lawmakers meant to fund the Department of Transportation through fiscal 2022 would back an operational budget increase for federal trucking safety programs and ensure the distribution of infrastructure grants around the country. Read more...
12 Jul Average Price of Diesel Nudges Up to $3.338 a Gallon The national average price for a gallon of diesel rose seven-tenths of a cent to $3.338 a gallon, the Energy Information Administration reported July 12. Read more...