Fed Raises Key Rate by Half-Point and Signals More to Come
The central bank boosted its benchmark rate a half-point to a range of 4.25% to 4.5%, its highest level in 15 years. read more >
The central bank boosted its benchmark rate a half-point to a range of 4.25% to 4.5%, its highest level in 15 years. read more >
Construction company executives say demand for projects has remained robust, and they have learned to cope with now-predictable complications like higher materials costs and labor shortages. read more >
Interest rates, inflation and supply chain issues factor into the plans, according to construction and financing experts, but they haven't been standing in the way. read more >
Spencer Frazier, the company’s executive vice president of sales and marketing, said the initiative will bring "a new era of cooperation, connectivity and value creation." read more >
The deal that's retroactive to 2020 will give rail workers the biggest raises they've seen in more than four decades. But the concessions related to working conditions may prove to be more important to them. read more >
The latest Skyline Report found that the pace of new construction in the region slowed because of supply chain issues. read more >
The partnership seeks to eat into Asia's advantage in semiconductors and batteries needed for electric vehicles and promote North American production. read more >
A strike or lockout won't be allowed until this coming Friday, but the railroads appear to be bracing for one. read more >
The company has acquired a stake in Sustainable Beef LLC of North Platte, Nebraska. read more >
The logistics giant is donating another $1.5 million to the university's supply chain program, which will be renamed. read more >
The Fayetteville-based company helps major retail brands automate identifying the source of fines the companies impose on suppliers. read more >
The widely expected move will keep 115,000 rail workers on the job while the arbitrators develop a set of contract recommendations for both sides to consider. read more >
With demand up and supplies down, costs jumped. And companies found that they could pass along those higher costs in the form of higher prices to consumers, many of whom had managed to pile up savings during the pandemic. read more >
The eight-month grant will support pilot research studies of autonomous, electrified, interconnected and shared vehicles and how they can transform traditional supply chains, travel and work. read more >
The talks are so crucial that President Joe Biden even stepped in last month and met with both sides in Los Angeles. read more >
Executive Director Victoria Ramirez said supply chain delays have contributed to the opening being pushed back. read more >
Still, the negative GDP number probably doesn't signal the start of a recession, and economists expect growth to resume later this year. read more >
Co-founders of FR8relay, Aayush Thakur and Deme Yuan, belive introducing "relay nodes" could transform the trucking industry. read more >
Sophie Ozier, Arkansas Travelers' first female general manager, has been making strides as the exception to the rule in professional baseball. read more >
The owners are facing the same challenges as other businesses with supply chain holdups. read more >
