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, 2024Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Maritime Terminal Set for Influx of Ships in Baltimore
BALTIMORE — The only maritime shipping terminal currently operating in the Port of Baltimore is preparing to process an influx of ships.
April 4, 2024Five 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, 2024House 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, 2024Workers 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, 2024US 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, 2024US 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, 2024Car 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, 2024Update: 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, 2024Port 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