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SK Hynix Wins Grants, Loans for Indiana Chip Site

SK Hynix is set to receive an initial $450 million in U.S. grants and $500 million in loans to build an advanced chip packaging and research facility in Indiana.

August 6, 2024

CSX Profit Slips Amid Baltimore Bridge Collapse Response

CSX railroad’s second-quarter profit slipped 2% as it scrambled to respond to the Baltimore bridge collapse in March that disrupted coal exports.

August 6, 2024

Diesel Price Slips 1.3¢ to $3.755

Diesel’s national average price has decreased for the past four weeks, totaling 11 cents.

August 5, 2024

Lucid Gains After EV Maker Secures $1.5 Billion Lifeline

Lucid Group will get a cash infusion of as much as $1.5 billion from an affiliate of Saudi Arabia’s Public Investment Fund, the second time this year the EV maker has received much-needed funding.

August 5, 2024

Perspective: OOIDA Sides With Su on Independent Contractors

Few issues are of greater importance to our industry than the rights of independent truckers. Unfortunately, special interests are fully invested in taking those rights away.

August 6, 2024

Senate Greenlights Its Version of Water Infrastructure Act

In a show of bipartisanship, senators voted to inject billions into the nation’s ports, dams and canals, passing a sweeping water infrastructure bill.

August 5, 2024

Road to NTDC Spotlight: Old Dominion Coming In Strong

Old Dominion Freight Line's Virginia team is enthused about its chances competing at the National Truck Driving Championships in Indianapolis, and for good reason. 

August 5, 2024

Seven Logistics Companies Merge Into SalSon Logistics

A group of seven logistics companies is set to merge under the banner of SalSon Logistics, with a focus on drayage and warehousing services, they said Aug. 5.

August 5, 2024

Houthis Resume Red Sea Attacks After Two-Week Pause

DUBAI, United Arab Emirates — A missile attack by Yemen’s Houthi rebels struck a Liberian-flagged containership traveling through the Gulf of Aden, authorities said Aug. 4.

August 5, 2024