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WASHINGTON — Recent passage in the U.S. Senate of comprehensive legislation aimed at boosting domestic manufacturing of semiconductors is helping to set in motion formal negotiations with House lawmakers.

Global supply strains that started to ease in early 2022 are worsening again as headwinds strengthen from the war in Ukraine and China’s COVID lockdowns, threatening slower growth and faster inflation across the global economy.

Prices for some of the world’s most pivotal products — foods, fuels, plastics, metals — are spiking beyond what many buyers can afford. That’s forcing consumers to cut back and, if the trend grows, may tip economies already buffeted by pandemic and war back into recession.

Executive Director of the Port of Long Beach, Mario Cordero, joins TT's Dan Ronan to discuss his current outlook on port operations, the fate of the proposed container dwell time fee, and what the planned $450 million in grants from USDOT means for U.S. ports.

PORTLAND, Maine — With inflation raging and state coffers flush with cash, governors and lawmakers across the U.S. are considering a relatively simple solution to help ease the pain people are feeling at the gas pump and grocery store — sending money.

In an effort to open up the nation’s clogged supply chains, the Biden administration on March 15 announced plans for a pilot program under which organizations across the transportation landscape would share data with one another to improve the overall flow of goods.

Magdeburg in the former East Germany is famous for its towering Gothic cathedral, and not a lot else. It’s now about to play a key role in U.S. and European efforts to tilt the global balance of power.

WASHINGTON — President Joe Biden announced March 11 the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.

Carriers have struggled to fully capitalize on high demand because of factors suppressing volumes, American Trucking Associations Chief Economist Bob Costello said March 1.

Lucid Group Inc. slumped after lowering its production target for this year to between 12,000 and 14,000 cars, down from a previous goal of 20,000, citing “extraordinary” challenges with logistics and its supply chain.