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Macquarie: Biden Likely to Tap Oil Reserve for Summer Demand

The Biden administration will likely need to tap oil from the country’s emergency reserves to counter a spike in gasoline prices and amid inflation fears during the summer driving season.

April 15, 2024

Drug Clearinghouse Creates Advantages, Challenges for Industry

Although FMCSA's efforts to streamline the driver verification process are helping fleets reduce risk via the Drug & Alcohol Clearinghouse, it's also reduced the pool of qualified drivers.

April 15, 2024

Update: Biden Pledges Federal Funds for Baltimore Bridge Rehabilitation

Congressional transportation leaders are expressing support for approving emergency assistance to rebuild a bridge and adjoining infrastructure after the recent collapse at the Port of Baltimore.

April 15, 2024

Amazon Becomes the Largest US Private EV Charging Operator

Amazon has installed more than 17,000 chargers at about 120 warehouses around the U.S., making the retail giant the largest operator of private EV charging infrastructure in the country.

April 15, 2024

US to Provide $6.4 Billion to Samsung to Make Computer Chips

WASHINGTON — The Biden administration will provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas.

April 15, 2024

Source: Ship That Hit Bridge Had Power Issues While Docked

BALTIMORE — The containership that caused the collapse of a Baltimore bridge experienced apparent electrical issues before it left port but set out anyway, a source told the AP on April 15.

April 15, 2024

Wyoming Helps Navigational Apps Improve Road Closure Data

Wyoming is sharing road closure data directly with Google and other navigation companies to save lives when Interstate 80 travelers find themselves stranded in bad weather.

April 12, 2024

Consumer Sentiment Falls Slightly in April

WASHINGTON — Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year.

April 12, 2024

Samsung to Unveil $44 Billion Chip Push as Soon as Next Week

Samsung is preparing to take the wraps off a $44 billion investment in U.S. chipmaking as soon as next week, a signature project in Washington’s effort to bring production back.

April 12, 2024