Transair, a Honolulu-based cargo airline shut down by the Federal Aviation Administration for poor safety practices following the 2021 crash at sea of one of its freighters, has returned more than $450,000 in back pay to employees as part of a settlement with the U.S. Department of Labor. The federal agency alleged this week that…
AccuWeather is reducing its projected number of named storms during the 2024 Atlantic hurricane season following an “unusual” August with low tropical activity. The Pennsylvania-based weather forecasting agency announced this week that it is downgrading its projections. Forecasters now predict that this year’s season will see 16 to 20 named storms and six to 10…
This story originally aired on Trains.com. WASHINGTON — U.S. rail traffic continued its recent surge in the week ending Aug. 31, according to statistics from the Association of American Railroads. The week saw volume of 516,632 carloads and intermodal units, up 8.4% from the same week in 2023. It was the third straight week of…
Freight management platform Portex announced Thursday it has raised $6.25 million in seed funding to further develop its technology for small and midsize shippers. The funding round was led by Footwork VC, with participation from Cowboy Ventures and previous investors, Susa Ventures and Base10. Founded in 2022 by Brittany Ennix, Portex was inspired by Ennix’s…
Radiant Logistics said it has acquired transportation and logistics provider Foundation Logistics & Services. Humble, Texas-based Foundation is a 10-year-old logistics services provider to companies focused on the exploration, drilling and production of oil and gas. It specializes in the global transport of hazardous materials, explosives and oilfield equipment. Financial terms of the transaction were…