26 Mar UPS, Startup Begin First Regular Drone Deliveries in US UPS Inc. and a startup drone partner began the first continuing commercial drone deliveries in the United States, making a short flight carrying a medical sample between North Carolina hospitals March 26. Read more...
26 Mar Trucking Company Owner Joseph Lipsey III Relinquishes Control After Arrest, Drug Charges The owner of Lipsey Logistics and Lipsey Trucking has relinquished control of the business after being arrested on drug charges at his home in Colorado. Read more...
26 Mar Tesla’s Model 3 Shatters Record in Electric Car-Crazy Norway Just weeks after Tesla Inc. started rolling out its Model 3 in Europe, the electric-car manufacturer has beaten the monthly sales record in its key Norwegian market by a wide margin. Read more...
26 Mar Housing Starts Fall Most in Eight Months in February U.S. new-home groundbreakings fell in February by the most in eight months on a drop in single-family homes, suggesting buyers and builders remain wary despite higher wages and a drop in mortgage rates. Read more...
26 Mar Consumer Confidence Slumps on Weak Growth, Slower Job Gains Consumer confidence declined for the fourth time in five months on dimmer assessments of present conditions, suggesting that weak first-quarter growth and slower job gains in February are weighing on attitudes and potentially spending. Read more...
26 Mar Midwest Floods Deliver Another Economic Blow to Farmers Chad Korth’s Nebraska farm mostly was unscathed from the catastrophic floods that inundated nearby fields thanks to being positioned atop a hill. But as the waters recede, he’s not expecting to be spared the financial blow that’s hitting the region. Read more...
26 Mar US Pork Exports to China Could Set Record This Year China could increase U.S. pork imports to the highest ever this year as part of its commitment to bolster purchases of American farm goods to resolve the trade war between the countries, according to sources familiar with the situation. Read more...
26 Mar Global Emissions Hit Record as Energy Demand Boosts Fuel Use Carbon emissions from fossil-fuel use hit a record last year after energy demand grew at its fastest pace in a decade, reflecting higher oil consumption in the U.S. and more coal burning in China and India. Read more...
26 Mar STB Announces New Online Payment, Filing System Filing documents and issuing payments to the Surface Transportation Board will get easier. Effective in May, the board will proceed with a new system meant to allow for greater reliance on online tools as a way of improving its services for stakeholders. Read more...
25 Mar Average Price of Diesel Rises 1¢ to $3.08 a Gallon The U.S. retail diesel average rose 1 cent to $3.08 a gallon, the Department of Energy reported, as the price of crude oil slipped just below $59 per barrel amid concern over a possible slowdown in the U.S. economy. Read more...