The U.S. Department of Energy has announced the sale of 30 million barrels of oil from the Strategic Petroleum Reserve (SPR), the first since President Biden announced plans for the…
https://gcaptain.com/first-sale-historic-strategic-petroleum-reserve-release/
By David Shepardson (Reuters) President Joe Biden will announce on Thursday the United States will ban Russian-affiliated ships from American ports, the latest step to pressure Russia over its invasion…
https://gcaptain.com/biden-bans-russian-ships-from-us-ports/
By Tony Capaccio (Bloomberg) — The U.S. Navy’s new 30-year shipbuilding plan puts off a decision about whether to stick with the Trump administration’s target for a 355-vessel fleet until at…
The Honorable Erik K. Raven takes the Oath of Office as the 34th Under Secretary of the Navy April 13, 2022. U.S. Navy Photo
Former Senate staffer Erik Raven was sworn in as the Navy’s number two civilian on Wednesday, the service announced.
In a Pentagon ceremony, Navy Secretary Carlos Del Toro swore Raven in to serve as the under secretary of the Navy, according to a service news release.
“The Department of the Navy welcomes Under Secretary Raven with open arms. I have no doubt he will utilize...
https://news.usni.org/2022/04/14/erik-raven-sworn-in-as-navy-under-secretary
The Biden administration emphasized progress on several recent initiatives aimed at getting more people into trucking jobs but the potential for a freight recession threatens to undermine some of that progress, at least in the short term.
A fact sheet released by the White House on Monday pointed to major changes in the trucking industry over the past year, including record job numbers.
“Since President Biden took office, we have seen historic increases in trucking employment with 2021...
https://www.freightwaves.com/news/white-house-highlights-new-trucking-jobs-amid-looming-downturn
More funding is on the way for several ship channel improvement projects in Texas, which aim to attract larger tanker and container vessels to the Texas Gulf Coast.
The Port of Corpus Christi ship channel improvement project was included in President Joe Biden’s proposed $5.8 trillion spending plan for the 2023 fiscal year announced Monday. Biden recommended $157.3 million for the project under the U.S. Army Corps of Engineers coastal navigation construction category.
The Biden administration...
https://www.freightwaves.com/news/157m-earmarked-to-complete-texas-ship-channel-project
The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) will hold its next offshore wind lease sale off the Carolinas in May. The lease areas being offered…
https://gcaptain.com/carolinas-offshore-wind-lease-sale-date/
The Biden Administration has announced the availability of $2.9 billion in federal grands for major infrastructure projects “of national significance,” including ports and freight hubs. The funding is made available…
https://gcaptain.com/biden-administration-funding-major-infrastructure-projects-funding/
The Biden Administration and Department of Transportation announce Tuesday the launch of a new data sharing initiative aimed at helping speed up delivery times in the supply chain, reduce delays,…
https://gcaptain.com/white-house-supply-chain-data-initiative/
The White House announced on Tuesday a freight data exchange to be coordinated by the U.S. Department of Transportation. The Biden administration sees the exchange as the next step toward strengthening supply chains.
The Freight Logistics Optimization Works (FLOW) includes 18 initial participants including shippers, trucking, warehousing, logistics companies and ports.
“These key stakeholders will work together with the Administration to develop a proof-of-concept information exchange to ease...
https://www.freightwaves.com/news/white-house-unveils-freight-data-exchange-to-bolster-supply-chains