Werner Enterprises taps new president from within

Werner Enterprises announced Wednesday that its chief legal officer, Nathan Meisgeier, will also take on the role of president of the company. The change became effective on Friday. Meisgeier joined the transportation and logistics company in 2005 as senior counsel of litigation and has served on its executive team since 2016. Most recently, he has…

DOT tangles with watchdog over $1.5 billion in freight grants

WASHINGTON — A new federal watchdog report criticizes the U.S. Department of Transportation for not properly documenting how it prioritizes funding for major infrastructure projects involving highways, ports and freight rail — but DOT disagrees with the assessment. The report, published and sent to Congress on Wednesday by the U.S. Government Accountability Office (GAO), concluded…

Cargo airline Amerijet in distress sale, terminates 6 aircraft leases

Amerijet, a midtier cargo airline based in Miami, said Wednesday it is returning six freighters to lessors, laying off nonpilot personnel and securing $55 million in capital from existing lenders as part of a restructuring aimed at stabilizing faltering finances and operations. The company said it will hand back six Boeing 757 freighters to its…