Business

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.

The flurry of Ukrainian drone attacks on Russia’s oil refineries risks disrupting global markets for petroleum products, the International Energy Agency said.

Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in February 2023.

Starting July 1, noneconomic damage awards in civil lawsuits in West Virginia involving personal injury or wrongful death claims against CMVs will be no higher than $5 million.

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

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.

The spot market is struggling to rebalance as the rate of carriers exiting has slowed despite sluggish demand.

U.S. Class 8 retail sales continued to decline year-over-year in March, according to data from Wards Intelligence.