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South Korean Chipmaker Plans $3.87 Billion Indiana Plant

WEST LAFAYETTE, Ind. — A major South Korean computer chipmaker said April 3 it plans to spend more than $3.87 billion in Indiana to build a semiconductor packaging plant and research center.

April 4, 2024

Five More Implicated in New Orleans Staged Accidents

An ongoing federal investigation into staged accidents with tractor-trailers in the New Orleans area in recent months has implicated five additional participants in the scams that have so far resulted in charges against more than 60 individuals.

April 3, 2024

House Passes Supply Chain Shipping Bill

The Ocean Shipping Reform Implementation Act, sponsored by Reps. Dusty Johnson and John Garamendi, was approved on March 21 by a vote of 393 to 24.

April 3, 2024

Workers Had Little Warning as Maryland Bridge Collapsed

The deaths of six workers killed in the collapse of the Francis Scott Key Bridge in Baltimore have raised questions about safety precautions.

April 3, 2024

US Cancels Latest Oil Reserve Refill Plan Amid High Prices

The Biden administration won’t move forward with its latest plans to buy oil for the Strategic Petroleum Reserve amid rising prices.

April 3, 2024

US Companies Added 184,000 Jobs in March, ADP Data Shows

U.S. companies boosted hiring last month by the most since July in a broad advance and some wage gains accelerated, pointing to solid demand for workers.

April 3, 2024

Car Shipper Takes $10 Million Hit From Bridge Collapse

Wallenius Wilhelmsen ASA, one of the largest car shipping companies, said it expects a $5 million to $10 million hit to its earnings from the Baltimore bridge disaster.

April 3, 2024

Update: US Traffic Deaths Decline by 3.6% in 2023

U.S. traffic deaths fell 3.6% last year despite an increase in miles travelled, according to new estimates by NHTSA. Still, almost 41,000 people were killed in motor vehicle traffic crashes on the nation’s roadways in 2023.

April 2, 2024

Port of Laredo Cargo Is Big Winner in Biden’s New I-27 Law

Boosting U.S.-Mexico cargo movements through the Port of Laredo will be a key outcome of President Joe Biden’s recent enactment of a new law designating a future Interstate 27.

April 2, 2024