New England Motor Freight, a trucking company that handles small shipment loads, including through a terminal in Scarborough, filed for Chapter 11 bankruptcy protection on Monday for itself and 10 affiliates.
Emera Maine filed a notice Wednesday with the Maine Public Utilities Commission that it may ask the utility regulator to increase its distribution rate, one of the five rates on a customer’s electric bill.
Canadian conglomerate J.D. Irving Ltd. plans to hire 10,000 workers between now and 2021, 300 of them in Maine.
The Aroostook Centre Mall in Presque Isle, which like the Bangor Mall has suffered from tenants such as Sears closing shop, is listed by online auctioneer Ten-X as up for sale to the highest bidder.
Oil, propane and kerosene prices for heating homes and businesses were down across the board this week compared to last week, extending a three-week downtrend in prices, the Governor’s Energy Office said Wednesday in its weekly heating fuel price survey.
Maine’s economy is the best it has been since the great recession of 2008 as the Pine Tree State enters 2019 with a higher minimum wage, a budget surplus of more than $175 million and unemployment at 3.4 percent, below the national average.
Gov.-elect Janet Mills said Friday that she will nominate Laura Fortman as the Commissioner of the Maine Department of Labor.
Heating fuel prices stayed pretty much the same the week of Dec. 10 compared to the previous week, but they were down compared to early November, according to the Governor’s Energy Office’s weekly heating survey.
Emera Maine’s parent company plans to sell some of its businesses to pay for new projects, but so far, executives have shed little light on the future of the Maine utility, which has had lower earnings than expected so far this year.
Mainers and other Americans may end up owing more than they expected when they file their 2018 taxes under the first year of the Trump administration’s Tax Cuts and Jobs Act passed in December 2017, but there’s even more to come in 2019.
