Importers are contending with a perfect storm of supply trouble – rising prices, overwhelmed ports, a shortage of ships, trains, trucks – that is expected to last into 2022.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Richard Trumka, longtime president of AFL-CIO, dies at 72
Trumka oversaw a federation with more than 12.5 million members and ushered in a more aggressive style of leadership.
advertisement
Posted inBusiness, Maine
Sale of Hampden waste facility delayed as prospective owner works to finalize financing
The Municipal Review Committee, which represents the solid waste interests of 115 Maine municipalities, provides update on status of sale during virtual meeting.
Posted inBusiness, Nation & World, News
U.S. firms consider bringing manufacturing home as supply chain from China falters
Importers are contending with a perfect storm of supply trouble — rising prices, overwhelmed ports, a shortage of ships, trains, trucks — that is expected to last into 2022.
Posted inBusiness, Nation & World
U.S., Maine unemployment claims drop as job recovery continues
Companies are posting job openings – a record 9.2 million in May – faster than applicants are showing up to fill them.
Posted inBusiness, Nation & World, News
Biden announces tougher pollution standards, effort to increase electric vehicle sales
The Biden administration wants automakers to raise gas mileage and cut tailpipe pollution between now and model year 2026.
Posted inBusiness, Maine, News
Researchers test ropeless lobster trap technology with eye toward whale protection
Most of the testing is now being done in Massachusetts but one of the developers is looking for Maine lobstermen to test the technology.
Posted inBusiness, Maine, News
Mainers’ eviction risk expected to stay low as rental aid keeps flowing
Maine has done better than other states at providing rental assistance to struggling tenants and helping people stay in their homes.
Posted inBusiness, Maine, News
Few weigh in on Maine Turnpike Authority plan to increase tolls
Turnpike officials say they need to raise an additional $18 million annually for construction projects after seeing toll revenue drop during the pandemic.
Posted inBusiness, Maine
Maine Coast Fishermen’s Association to debut new digs in Brunswick
After beginning two new programs during the COVID-19 pandemic, Maine Coast Fishermen’s Association plans to cut the ribbon for the new Pleasant Street location on Aug. 12.