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The post Daily Infographic: How the war redirected Ukraine’s grain exports appeared first on FreightWaves.
The post Daily Infographic: How the war redirected Ukraine’s grain exports appeared first on FreightWaves.
Norfolk Southern officials are hoping for service improvements in the second half of 2023 following a first half marred by a number of prominent train derailments, most notably the February derailment in East Palestine, Ohio, of rail cars carrying vinyl chloride. “We are going to learn from this accident to become a safer company,” NS…
Air cargo shipments are being delayed Friday by a widespread software outage that has crippled technology systems worldwide, including at airlines and airports. The outage appears to stem from a software update for Microsoft Windows operating systems issued by cybersecurity firm CrowdStrike, which is causing computers at companies and institutions to crash. The company says…
A newly passed bill in Wisconsin would limit non-economic damage awards in lawsuits involving commercial vehicle accidents, and Indiana lawmakers have passed a bill that would allow a plaintiff’s seatbelt use to be entered as evidence in accident lawsuits. Both bills, which have implications for multimillion-dollar nuclear verdicts against trucking companies, now go to the…
An investigation is underway after a Norfolk Southern train engineer died this week after being hit by a train in Decatur, Alabama. The National Transportation Safety Board said the incident happened just after 5 p.m. Wednesday. The victim has been identified as Chris Wilson, 55, of Muscle Shoals, Alabama. He was a 30-year employee of…
Norfolk Southern’s management has prevailed in its battle to retain control of the Class 1 railroad, with activist shareholder Ancora Holdings winning only three seats on the board of directors Thursday. The results of the shareholder vote announced at the company’s annual meeting did cost board chair Amy Miles her position, as she was not…
FedEx would benefit from the partial, or complete, loss of its huge contract with the U.S. Postal Service because it would force the parcel delivery giant to downsize a bloated and expensive air transport network, which could help revive profitability, said Brandon Oglenski, who covers the company for Barclays Bank. FedEx Express (NYSE: FDX) and…