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Union Pacific is expanding the utility role so that the position responds to situations occurring on the rail network. This expanded role would work on a fixed schedule and be dispatched in a truck to respond to planned and unplanned events along the mainline, UP told FreightWaves in a statement. The utility position is typically…
To view more FreightWaves infographics, click here The post Daily Infographic: Foul play suspected in fire at Nikola headquarters appeared first on FreightWaves.
This story first appeared at flyingmag.com. When you hear the words “black swan,” you probably think of the award-winning Natalie Portman movie. But the phrase originated centuries ago as a metaphor for events thought to be impossible, or “black swan events.” As it turns out, however, black swans actually exist, which gives the symbol new…
Cybersecurity concerns are becoming increasingly common as cyberattacks and ransomware breaches make headlines throughout the logistics industry. Over half of carriers recently surveyed have either been directly impacted by a security issue or seen their peers impacted. In this new white paper, Trimble and FreightWaves address the state of cybersecurity, overall perception of threats in the industry, and how…
Amazon.com Inc. (NASDAQ: AMZN) shares fell back 2% in after-hours trading after spiking 10% following the company posting a 9% first-quarter gain in revenue and an 11% gain in North American sales. Net sales increased to $127.4 billion in the first quarter, compared with $116.4 billion in the first quarter of 2022 and about $3…
With travel stop operator Pilot Travel Centers now 80% owned by Berkshire Hathaway, the conglomerate’s first earnings report since Berkshire took its ownership up to that level is providing a more complete look at Pilot’s finances. Pilot had been privately owned but with a 38.6% interest held by Berkshire Hathaway, acquired in 2017. The sale…