Funding comes under the Defense Production Act Investment Program. The Department of Defense has announced a $7 million award to The Doe Run Resources Corporation (Doe Run) under…
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Commerce Secretary Joins IPEF Meetings in Thailand
The process of refining three proposed agreements for Indo-Pacific partner countries continues. Secretary of Commerce Gina Raimondo joined Thai leaders this week as they kicked off this year’s…
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DOT Addresses Red Sea Disruptions, Prepares for Supply Chain Issues
Agency collaboration seeks to mitigate potential port congestion during threats to maritime commerce. The U.S. Department of Transportation’s Office of Multimodal Freight convened with stakeholders from the nationwide…
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Treasury Sanctions Four Houthi Officials for Red Sea Attacks
Part of the U.S. response to the Yemen-based rebel group targeting commercial vessels. The Department of the Treasury sanctioned four key officials of the Houthi group based in…
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Commerce Department Announces Domestic Chip Production Grants
$62 million in funding to support U.S. chip factories. The U.S. Department of Commerce announced a second tranche this week from the Chips and Science Act of 2022…
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Commerce Department Launching Semiconductor Supply Chain Survey
The department will assess the current state of domestic production to develop support methods. The Department of Commerce announced that it is launching a new survey this month…
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FHWA Announces Funding for Bridge Modernization
The Bridge Investment Program supports planning, repair, and replacement projects. The Department of Transportation’s Federal Highway Administration (FHWA) has opened applications for improvement projects under the Bridge Investment…
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Pentagon Concerned Over Costs of Houthi Attacks
They compare a $2M missile with a $2,000 drone. Over the past two months, U.S. Navy destroyers have shot down 38 drones and multiple missiles launched by Houthi…
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$4.2 Billion for Global Nuclear Energy Announced at COP28
Sapporo 5 nations vow to develop an international supply chain. The United States, Canada, France, Japan, and the United Kingdom dedicated $4.2 billion to develop the global nuclear…
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Transportation Department Launches Freight Office
The transportation secretary says the new office will strengthen supply chains. President Biden and Secretary of Transportation Pete Buttigieg recently announced the creation of the Office of Multimodal…
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