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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

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

Ford Cuts Price of F-150 Lightning Pickup

Ford slashed prices of its electric F-150 Lightning pickup truck by as much as 7.5% as the automaker prepares to resume deliveries this month following a halt this year over a quality issue.

April 11, 2024

Self-Driving Startup Wayve Expands to Vancouver

British autonomous driving startup Wayve Technologies Ltd. is opening a research center in Vancouver, adding its second location in North America to accelerate its growth.

April 11, 2024

A Year to Forget for Third-Party Logistics Providers

2023 was a generally downtrodden year for 3PLs, with plummeting transportation rates and shippers focused on right-sizing inventories and reducing logistics costs.

April 12, 2024

World of Volvo Debuts in OEM’s °®¶¹´«Ã½town

GOTHENBURG, Sweden — Executives from Volvo Trucks and Volvo Cars lifted the veil on the new World of Volvo city center, offering a glimpse of the company's vision for the future.

April 10, 2024

Obscure Energy Calculation Could Speed Up EV Future

WASHINGTON — Overshadowed by the tailpipe emissions rule, the Department of Energy finalized changes to a calculation that could impact automakers’ ability to sell gas-powered vehicles.

April 9, 2024

Cruise to Resume Testing Its Robotaxi Service in Phoenix

Cruise is preparing to resume testing its robotaxis with safety drivers in Phoenix, marking an important step in its attempts to resume service after grounding its fleet last year.

April 9, 2024

Improving Back Office Efficiency in the Freight Industry

Technology is transforming the freight industry, accelerating the transition from manual processes to digital. And in a fiercely competitive landscape where every advantage matters, adopting innovation isn't merely beneficial – it's imperative. In this report, explore six strategies to supercharge your back office.ÌýÌý

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April 1, 2024