Latest News Updates From Ilena Peng

Government, Business, Logistics

Trump Targets Chinese Cranes, Risking Burden for US Ports

Chinese cranes used at ports are the latest target of the Trump administration’s attempt to boost domestic manufacturing, even as no U.S. industry for the equipment exists.

April 24, 2025
Government, Business, Safety, Logistics

Lumber Futures Surge on US Probe Into Import Dumping

Lumber futures rose to the highest in more than two and a half years after President Donald Trump ordered an investigation into shipments of the commodity into the U.S.

March 3, 2025
Government, Business

Hurricane Devastates Cotton Crops Just Before Harvest

Cotton growers are facing devastating losses and delays from Hurricane Helene just as harvest was beginning, marking the latest blow to profits in an already weak market.

October 1, 2024
Business, Fuel

Gasoline’s 98-Day Slide Ends With Modest Price Hike

Retail gasoline prices in the U.S. have posted their first increase — albeit very modestly — after a 98-day streak of declines, suggesting consumers won’t get much more relief at the pump. Prices now stand at $3.681 a gallon, according to auto club AAA.

September 21, 2022
Business, Technology, Equipment

Wait Times for Chip Deliveries Grow Again

The wait times for semiconductor deliveries rose again in February, a sign that shortages are continuing to bedevil chip buyers in a wide range of industries.

March 11, 2022