This Week’s Market Buzz

• Oil prices jumped 3% at press time, recovering from a seven-day losing streak, with gains driven by a weaker dollar despite demand concerns stoked by rising cases of the Delta coronavirus variant. Brent crude climbed $2.59, or 3.9%, to $67.75 a barrel after touching its lowest since May 21 at $64.60. U.S. West Texas Intermediate (WTI) crude for October…

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ABB, Hitachi Tout High-Powered Battery Technology

ABB and Hitachi Construction Machinery have signed a collaboration agreement to develop an electric rigid dump truck with a customized on-board energy storage system. Using ABB’s innovative battery technology will enable trucks to transform from diesel to full electric operation. The electric vehicle draws the power needed from the overhead catenary while simultaneously charging the on-board energy storage system. 

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NSSGA Announces Return to In-Person AGG1

Aug. 19, 2021 – The AGG1 Aggregates Academy & Expo and World of Asphalt Show & Conference will return for an in-person combined show at the Nashville Music City Center in Nashville on March 29-31, 2022. “The AGG1 Aggregates Academy & Expo provides top learning opportunities for industry leaders, offering 60 sessions covering essentially every aspect of the aggregates business,”…

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