Why California faces high gas prices

Why California faces high gas prices

California is home to some of the highest gas prices in the United States, according to AAA. The national average for a gallon of regular unleaded was $3.40 as of Thursday, according to the organization’s data. In California, the average was $4.87, more than any other state. Several factors go into what drivers pay for … Read more

Why U.S. ports are getting a $21 billion upgrade

Why U.S. ports are getting a  billion upgrade

U.S. ports are receiving multimillion dollar grants to upgrade cargo handling infrastructure. The grants are part of the Biden administration’s $21 billion commitment to modernize port infrastructure in the U.S. Midsize port cities such as Baltimore are among the 2023 grant recipients. In November, the Port of Baltimore received a $47 million grant to kick-start … Read more

How Brightline is changing passenger rail in the U.S.

How Brightline is changing passenger rail in the U.S.

When it comes to passenger rail in the the U.S., Americans have one option — Amtrak, which is often plagued with high ticket prices and delays. But one Florida-based company is working on changing that. Brightline, which is owned by Fortress Investment Group, thinks that privatized passenger rail in the U.S. could be a better … Read more

Indonesia’s China-backed high-speed train sparks concerns of debt trap

Indonesia’s China-backed high-speed train sparks concerns of debt trap

Indonesia is starting trial runs for its first high-speed train, which will connect the capital Jakarta to a neighboring city of Bandung, after years of delays and cost overruns plagued the project. Bloomberg | Bloomberg | Getty Images A $7.3 billion high-speed electric rail line between Indonesia’s two biggest cities is set to be launched … Read more