10 Mar Inrix Study: Boston Ranks as Most Congested US City Boston is home to the Pats, the Sox and wicked traffic. A report published March 9 determined Beantown’s average driver spent nearly 150 hours a year stuck in traffic, good enough to be named the most congested city in the country and ninth in the world. Read more...
10 Mar Higher N.J. Tolls Pitched to Pay for Turnpike, Parkway Projects New Jersey is pushing for higher passenger-vehicle tolls this year — and regular increases in the future — to pay for improvements to its Turnpike and Garden State Parkway. Read more...
10 Mar Dow Surges 4.9% in Another Wild Day NEW YORK — U.S. stocks, oil and other financial markets around the world clawed back some of their historic plunge from a day before amid hopes that the U.S. and other governments around the world will pump in more aid for a virus-weakened global economy. Read more...
10 Mar Mike Lenz to Succeed Alan Graf as FedEx CFO FedEx. Corp. announced a major change in leadership March 9. Read more...
10 Mar Lawmakers Introduce Legislation to Increase Truck Parking Lawmakers in the House of Representatives have introduced legislation that would address the lack of available truck parking. Reps. Mike Bost (R-Ill.) and Angie Craig (D-Minn.) are co-sponsoring the Truck Parking Safety Improvement Act, which they introduced March 5. Read more...
10 Mar Saudi Arabia Increases Oil Output to Record High DUBAI, United Arab Emirates — Saudi Arabia’s state-run oil giant Saudi Aramco said March 10 it would increase its crude oil production to 12.3 million barrels a day in April, a record amount. Read more...
10 Mar Global Markets Pick Up After Plunge on Coronavirus, Oil BEIJING — Global stock markets rebounded March 10 from record-setting declines after U.S. President Donald Trump said he would ask Congress for a tax cut and other measures to ease the pain of the spreading coronavirus outbreak. Read more...
09 Mar Diesel Falls 3.7¢ to $2.814 a Gallon; Oil Slides Most Since 1991 The U.S. average retail price of diesel fell 3.7 cents to $2.814 per gallon, the Department of Energy reported March 9. Read more...
09 Mar Auto Industry’s Coronavirus Fears Shift From Supply to Demand Automakers and suppliers across the globe have been scrambling to keep production going after the coronavirus shuttered parts plants across China. But now a bigger fear is emerging: Consumers may be in no mood to buy cars and trucks. Read more...
09 Mar America’s Days as Net Oil Exporter Numbered Amid Price Rout America’s nascent status as a net petroleum exporter is already at risk as plunging oil prices threaten domestic production and give a leg-up to the world’s biggest producers. Read more...