Jill R. Shah

Government, Business, Logistics

West Coast Ports Need More Funds, Seroka Says

Gene Seroka (right) interviewed by Bloomberg's Ed Ludlow Seroka (right, with Bloomberg's Ed Ludlow) says truck capacity has been a stumbling block, with only 50% of registered truck drivers calling to the port at least once a week. (Bloomberg Television)

The federal government needs to invest more in West Coast ports, said the head of the Port of Los Angeles, which is the nation’s biggest gateway to Asia and is grappling with record backlogs.

Jill R. Shah | Bloomberg News
September 27, 2021
Business, Fuel

Oil Futures Fall 7.5%, Largest Decline Since September

Oil pumping jacks Oil pumping jacks in Russia. (Andrey Rudakov/Bloomberg News)

Oil was the biggest loser in a broad market selloff after OPEC+ agreed to boost crude supply as a resurgent virus shook investor confidence in the global economic recovery.

Jill R. Shah | Bloomberg News
July 19, 2021
Government, Business, Fuel

Oil Tops $75 a Barrel, Hitting 33-Month High

Customers refuel at a Chevron Corp. gas station in San Francisco Customers refuel at a Chevron gas station in San Francisco July 7. (David Paul Morris/Bloomberg News)

Oil rose to the highest price in more than 2 1/2 years as prospects of an imminent flood of crude exports from Iran and other major producers waned while the International Energy Agency warned of a deepening supply crunch.

Jill R. Shah | Bloomberg News
July 13, 2021