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St. Louis-based autonomous rail car developer Intramotev has received a $200,000 grant to deploy three self-propelled rail cars at a mining site in the Upper Peninsula of Michigan. Intramotev expects to deploy its TugVolt rail cars in late 2023. The company has been testing its battery-electric rail car prototype at its St. Louis headquarters. “We…
FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here. FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago. In this edition, from the January 1975 issue of American Shipper, FreightWaves shares an article…
Add the state of Ohio to the growing list of those suing Norfolk Southern over the Feb. 3 train derailment in East Palestine. Ohio Attorney General Dave Yost said the state is filing a lawsuit in the U.S. district court in Columbus in order “to hold Norfolk Southern financially responsible” for the train derailment, which…
Maritime and logistics services company Crowley has teamed up with Canadian railway CN to provide integrated rail and ocean service between Mexico and the U.S. Midwest and Canada. The service includes Crowley’s new ocean route between the Port of Mobile in Alabama, which is serviced by CN (NYSE: CNI), and Tuxpan on the Gulf Coast…
Nikola Corp. Chief Financial Officer Kim Brady will retire in April as the electric truck maker’s finances raise survivability questions. Brady, 59, served five years as CFO. He was instrumental in Nikola going public in June 2020 in a reverse merger with special purpose acquisition company VectoIQ. Steve Girsky, the CEO of the automotive technology…
Some 455 truck drivers who hauled freight under the banner of Flagship Transport LLC, a logistics holding company headquartered in Medley, Florida, say they have had no contact with company executives since last week, when they received text messages promising their paychecks would be available for pickup at the company’s yard on Tuesday. But that…