Democratic leaders with the U.S. House Committee on Transportation and Infrastructure want the U.S. General Accountability Office (GAO) to examine the impacts that precision scheduled railroading (PSR) has had on shippers and freight and passenger rail operations. PSR is an…
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A container ship damaged by fire off the coast of California is being towed to the Port of Oakland. The NYK Delphinus was about 50 miles west of the coast of Monterey, California, en route from the Port of Vancouver…
Capacity has been tight for months, signaling consumers’ renewed willingness to spend money as vaccine efforts continue and COVID-era restrictions are loosened across the nation. At the same time, the trucking industry has not recovered from the pandemic’s effects on…
U.S. Customs and Border Protection agents in Laredo, Texas, saw drug traffickers switch to fewer but larger shipments during the COVID-19 pandemic. Commercial trucks became their vehicle of choice. The latest episode of FreightWaves’ true-crime podcast, Long-Haul Crime Log, examines…
Ondas Holdings Inc. (NASDAQ: ONDS) has reached agreement to acquire American Robotics, the first drone company to receive Federal Aviation Authority beyond-visual-line-of-sight (BVLOS) approval. Ondas will pay approximately $70.6 million in a combination of cash and equity securities for American…
On Monday, JD Logistics, the supply chain spinoff of JD.com (NASDAQ:JD), set its Hong Kong IPO price between $HK39.36 and $HK43.36 for a total of 609.1 million shares. This pricing could lead to a $3.4 billion valuation for the company. …
Citing competition concerns, the U.S. Department of Justice (DOJ) is asking the Surface Transportation Board (STB) not to approve a request by Canadian railway CN (NYSE: CNI) to form a voting trust. The voting trust would be used to acquire…
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The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Today there are two types of manufacturers: old school and new school. New school manufacturers are using digital…
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