5 auto haulers combining to create publicly traded trucking company

A Florida-based auto hauler, Proficient Auto Transport, is the lead company in the process of rolling up several other auto haulers with plans to take itself public in an initial public offering. In a prospectus filed with the Securities and Exchange Commission and made public last week, Proficient Auto Logistics was introduced as the name…

Baltimore bridge collapse: Fourth victim recovered, FBI boards cargo ship

A fourth victim’s body has been recovered from the site of the Francis Scott Key Bridge collapse in the Patapsco River, officials said. Salvage teams recovered a vehicle with a body trapped inside while they were working Monday to clear the channel of debris, said Baltimore Mayor Brandon Scott. Six construction workers were repairing potholes…

Asia Pacific Airlines on notice for $2.9 million FAA fine

The Federal Aviation Administration has issued a preliminary fine of $2.9 million against Aeromicronesia Inc., a cargo airline based in Guam that does business as Asia Pacific Airlines, for safety violations related to pilot training and equipment. Asia Pacific Airlines provides scheduled and ad hoc charter service between Guam, the Marshall Islands, Micronesia, the Northern…

Gather AI launches new features, sees promise in indoor drone tech

Shortly after announcing its $17 million raise in March, Gather AI, an inventory management solutions provider that uses drone technology, launched two new offerings on Tuesday to elevate its ability to help warehouse operators find underutilized space. The initial solution, location occupancy, harnesses computer vision data collected by Gather AI drones. It accurately gauges available…