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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.

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.

Reopening of former Yellow Corp. terminals quickened in recent days, with multiple less-than-truckload players introducing additional doors they bought at auction.

Omers Private Equity is exploring an initial public offering of Kenan Advantage Group, one of North America’s biggest tank truck transporter and logistics providers, according to sources.

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.

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

Volvo Group will build a heavy-duty truck manufacturing plant in Mexico to complement the Swedish original equipment manufacturer’s production in the U.S.

PHOENIX — Third-party logistics providers have persevered through a tough freight market while taking action to stem a rising tide of fraud, 3PL industry leaders said. 

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.

DETROIT — NHTSA has opened an investigation into a Ford recall for gas leaks from cracked fuel injectors that can cause engine fires, saying in documents that the remedy doesn’t fix the leaks.