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Autonomous Trucking to Put $9 Billion Back in US Consumers’ Pockets Annually by 2035
Aurora Innovation, Inc. today highlighted findings from a new report revealing that autonomous freight is already a multi-billion dollar bolster for the $1 trillion dollar U.S. trucking industry, with even more economic opportunity over the next ten years.
The analysis, commissioned by Aurora and conducted by the Steer Group, highlights that autonomous trucking, despite being in early stages of deployment, currently supports 17,000 jobs and $3.3 billion in total economic output.
The report projects that by 2035, the...
Advancing US Leadership in Protein Innovation with the PROTEIN Act
Congresswoman Julia Brownley (CA-26) has introduced the PROTEIN Act to bolster US leadership in protein innovation amid rising global meat demand expected to double by 2050. The act addresses the US's lag in investment compared to other nations and aims to diversify protein sources to strengthen food security, stimulate economic growth, and tackle climate challenges.
The PROTEIN Act will support US farmers and expand domestic capacity via research centers, grant programs, and workforce development initiatives.
California, leading with over 150 companies, holds substantial...
Port of LA Seeks Proposals for New Pier 500 Container Terminal
The Port of Los Angeles has announced its search for proposals from parties interested in the pre-development of Pier 500, a project designed to boost cargo efficiency and accommodate larger, next-generation cargo ships. This development comes after decades of efforts to increase capacity amid rising demand at one of the United States' busiest ports.
The proposed site for Pier 500 spans 200 acres and will feature two berths and approximately 3,000 linear feet of new wharf. Situated at the southern tip of...
Feeder Vessel Transfers Disqualify Cargo from In-Transit Tariff Exemption Under IEEPA
The US Customs and Border Protection (CBP) has provided clarification regarding the application of the in-transit tariff exemption under the Reciprocal Tariff Executive Order, with specific implications for feeder vessel operations. In guidance released on May 15, CBP confirmed that cargo transferred from a feeder vessel to a US-bound vessel after April 5, 2025, will not qualify for the in-transit exemption.
Under the International Emergency Economic Powers Act (IEEPA), cargo that was loaded before April 5 and remains...
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