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On Monday, July 1, the hotly contested new hours of service regulations imposed on the trucking industry by the Federal Motor Carrier Safety Administration (FMCSA) went into effect. Carriers and drivers hoped the Federal Appeals Court would rule in their favor before the new rules took effect, and even requested that the FMCSA hold off…
What’s happening to Cocoa? Cocoa, the key ingredient in chocolate, has seen prices surge to an all-time high not seen since 1977. Why? Weather & climate events such as massive rains, droughts and pests & disease have affected cocoa crops from West African nations, where 70% of the world’s cocoa beans come from. (BTW, if…
Honda Invests in EV Battery Facility in Ontario As Canada continues to lure manufacturers to invest in the country to build out its EV manufacturing industry, Honda is the latest auto manufacturer to invest US$11 billion in Ontario by building assembly and battery plants in the province. Canada is offering major tax-credits for companies willing…
States around the country are passing or attempting to pass legislation to try to fill state coffers, but many businesses feel that the result is simply going to be driving business away. The issue has become a three-way battle among legislators looking for new ways to bring in cash for projects such as road improvements,…
Every day the Baltic Exchange in London releases the Baltic Dry Index, which tracks the prices of shipping bulk freight. This week, prices are up 14 percent over last week, and have reached the highest level of the current year. Though most company representatives only agreed to speak with reporters anonymously, most are in agreement…
If you’re a chipmaker, we want you The competition for chipmaker investment is heating up. As AI is on everyone’s radar, the race to capture as much semiconductor chips is heating up. We’ve written about how Canada has offered subsidies for chipmakers to setup shop in Canada, now, the US doesn’t want to lag behind,…