With prices at the pump hovering above $4.70 a gallon, travelers and residents alike plan to take to the road for the traditional start of Maine’s peak tourism season.
Peter McGuire
Peter McGuire is a business reporter covering Maine trade, transportation and tourism. A proud native of the western Maine mountains, there is a good chance he’d rather be playing outside. Peter has covered local news for Maine newspapers in Oxford County, Brunswick, Waterville and Portland. He holds a bachelor’s degree in history from Dalhousie University in Halifax, Nova Scotia and a Master’s Degree in International Relations from Boston University. He lives in Biddeford with his wife Stephanie and brown rescue dog named Emmy Lou.
Posted inBusiness, Maine, News
Portland-based Covetrus to be taken private in $4 billion deal
The veterinary products and services firm has agreed to an offer by 2 private equity firms that want to buy the company while retaining its Portland headquarters.
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Posted inBusiness, Maine
Maine unemployment rate hits pandemic low of 3.3%
The state’s jobless rate in April was the lowest in two years, and the number of jobs was nearly back to the pre-pandemic level.
Posted inBusiness, Maine, News
Some Portland flights turned away as jetport runway paving continues
The Portland International Jetport will be closed to air traffic overnight until its newly repaved main runway reopens in mid-June.
Posted inBusiness, Maine, News
Transit agencies ask for changes to funding letter to end stalemate over federal aid
Four Portland-area public transit operators say errors in a required letter to release the funding need to be corrected before they can sign it.
Posted inBusiness, Maine, News
Some of Maine’s seasonal businesses are going to extremes to house workers
Tourism-reliant businesses are renting out hotel rooms and private residences to staff, and a few are even building new housing for their seasonal workforce.
Posted inBusiness, Maine
Maine Port Authority’s interim head becomes new executive director
Maine Maritime Academy graduate Matt Burns worked on ships all over the world and also served as an official with the Maine Department of Transportation.
Posted inBusiness, Maine, News
New Gloucester telecom company Otelco rebrands as GoNetspeed
The company was purchased by a private equity firm, which is grouping five telecommunications companies under the same name.
Posted inBusiness, Maine
Sebasco Harbor Resort sold to hotel management firm
The Phippsburg retreat has been sold to Massachusetts-based Giri Hotel Management, which operates nearly two dozen Maine hotels.
Posted inBusiness, Maine
Planned bus fare holiday stalls over dispute among Portland-area transit agencies
Bus, train and ferry operators opposed to a federal relief spending plan have withheld their signatures from a letter required to release the money.