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The post The vast majority of Class I train derailments happen in rail yards appeared first on FreightWaves.
The post The vast majority of Class I train derailments happen in rail yards appeared first on FreightWaves.
Employees at Yellow Logistics confirmed to FreightWaves they were terminated Tuesday as part of widespread layoffs at the independent subsidiary of Yellow Corp. But whether this was tied to an actual shutdown of the 3PL was not clear Tuesday night. One employee said all staff were given short notice to dial into a company-wide conference…
All-cargo airline Atlas Air on Thursday announced that YunExpress, a freight forwarder based in China that specializes in cross-border small package delivery, has signed a long-term transportation services agreement for dedicated use of a Boeing 777-200 freighter. YunExpress launched its first 777 charter service, operated by Atlas Air, in December between Xiamen, China, and Miami….
Melbourne, Australia-based Fluent Cargo recently launched its multimodal technology focused on advising and educating global shippers on their route planning decisions. Inspired by the traveler site Rome2Rio, leadership founded the company in 2021 to offer a more transparent, user-friendly solution for small to medium-size shippers and freight forwarders. “We want [global shipping] to be self-explanatory,…
A federal grand jury has indicted an Ohio trucking company owner, alleging she failed to pay approximately $1.2 million in taxes in a yearslong scheme. Alice F. Martin, 59, of Louisville, Ohio, was charged with seven counts of tax evasion, according to the indictment filed Tuesday in the U.S. District Court for the Northern District…
Western Global Airlines has struck a deal with creditors for $77 million in financing that would allow it to keep operating while it restructures its debt in a potential bankruptcy, Bloomberg reported on Monday. Speculation about a potential Western Global bankruptcy has increased in recent months after Moody’s and Fitch withdrew credit ratings for the…
Building on the momentum of integrating SONAR into third-party software providers’ applications, FreightWaves is announcing a free trial of SONAR data that lives in our partners’ platforms. The free trial begins Monday, May 1, and runs through July 1. The data will be available through 12 FreightTech partners: 3PL Systems, Atlassys TMS, Descartes Aljex, Descartes…