An increase in the costs of raw materials across the globe led the producer-price index to rise by 1% in March, leading experts to speculate on costs being passed down to the consumer.
The U.S. administration’s $2.3 trillion infrastructure plan will be presented to a bipartisan group of lawmakers from the U.S. House and Senate today, the first step toward gaining Congressional approval of the momentous plan.
With China responsible for over 90% of the global market for magnets made from rare earths, Western nations are investing heavily to increase their own production capacity for technologies like electric vehicle motors and wind turbines.
Container volumes at China’s eight biggest ports rose a combined 35% in February from the year-ago period.
Greek tanker operators, the dominant owners of the world’s supply of crude oil tankers, have penned a flurry of new very large crude carriers orders in recent months, reflecting optimism in the oil sector.
Overcrowded ports, a lack of ships, and shortages of truckers and dockworkers has led to an increase in global shipping costs that analysts expect to continue throughout 2021.
Vacancy rates at Canadian warehouses are at historic lows despite a near-record 26.1 million square feet of logistics real estate under construction.
Logistics conditions remain strained, with trucking demand exceeding availability and continued congestion at ports due in part to operating challenges related to the pandemic. Clients are advised to provide expanded lead times on orders to help ensure delivery dates.
New COVID-19 cases in the U.S. jumped to over 82,000 on Friday, falling back to above 65,000 on Saturday.
There were 46,378 new COVID-19 cases and 283 deaths in the U.S. yesterday. Over 187 million vaccine doses have been administered, with 20.2% of the population fully vaccinated.
Michigan’s governor is urging a two-week shift to remote school alongside halting youth sports and indoor dining, as daily COVID-19 infections averaged more than 7,200 the past week.
With about one-fifth of the U.S. population fully vaccinated against COVID-19, everyday life is beginning to show signs of pre-pandemic normalcy.
COVID-19 vaccination rates in Native-American tribes are significantly outpacing those of the general population.
Post-vaccination life is turning out much different for many Americans, with paradigm shifts in everything from careers to home life to personal goals. The closures of schools have hit America’s youth particularly hard, as symptoms of anxiety, depression and behavioral problems spike.
The White House proposed a $14 billion spending package to address climate change in the 2022 budget, including large cash injections for environmental regulation and research.
More than 220 local union employees in the Puget Sound area have authorized a strike if a contract cannot be reached with Boeing, a move that could affect production in the company’s Northwest region.
Hula hoops joined drive-in movies as another 1950s fad resurrected by the pandemic, with sales up 20% to a record level in 2020 and weighted and “smart” versions of the toy introduced as stay-at-home workers turned to them as a fitness routine.
Total coronavirus infections in the South Asia sub-region surpassed 15 million over the weekend, led by infections in India, where the vaccine supply is low.
India recorded over 168,000 new COVID-19 cases today, surpassing Brazil as the nation with the second highest number of total COVID-19 cases behind the U.S. India granted emergency use authorization for Russia’s Sputnik V COVID-19 vaccine, the third shot approved for use in the country.
For the second day in a row, Thailand set a record for new COVID-19 cases today.
Canada is dropping its age-based COVID-19 vaccine rollout in favor of a campaign targeting frontline workers, an effort to control resurgent cases. The nation’s seven-day average of new COVID-19 cases now exceeds that of the U.S.
Brazil recorded 1,803 COVID-19 deaths on Sunday, while the country’s most populous state eased restrictions on hospitality businesses and other activities, citing enough room in its hospital system to keep up with current patient levels.
The director of the Chinese Center for Disease Control and Prevention has raised doubts about China’s COVID-19 vaccines, saying that they offer only low protection against the virus, raising anxiety among officials of lower income countries who are relying on the country to deliver the doses.
The World Bank will have committed $2 billion in financing by the end of April for COVID-19 vaccines in 40 developing countries.
Italy’s economy is expected to grow roughly 4.1% this year and next after shrinking nearly 9% last year.
French lawmakers banned domestic flights on routes that can be covered by train in under two-and-a-half hours, an effort to lower the country’s carbon footprint.
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