SAN ANTONIO — The Momentum conference brings together roughly 1,000 attendees who use the industry-leading warehouse, TMS and other capabilities of Wall Street darling Manhattan Associates (NASDAQ: MANH). (The company’s stock rose from about $110 at the end of October 2023 to as high of $266.94 in early March before falling back to $225 recently.) …
ARLINGTON, Texas — Managed transportation and freight technology provider Uber Freight on Wednesday launched a spot market solution under its premier offering Uber Freight Exchange. Uber Freight Exchange was initially released in September as a contract procurement platform enabling shippers to run bids with both their own and Uber Freight’s carrier network. At the time,…
WASHINGTON — Cargo vessels are not equipped with backup power sufficient to avoid situations such as the one in March when the container ship Dali struck and collapsed Baltimore’s Francis Scott Key Bridge, the country’s top transportation safety investigator told lawmakers. Testifying before the House Transportation and Infrastructure Committee on Wednesday, National Transportation Safety Board…
The Federal Aviation Administration reauthorization bill approved Wednesday by the U.S. House of Representatives includes language allowing Boeing an extra five years to produce 767 freighters for FedEx and UPS beyond the date when international standards mandating cleaner engine types kick in. The bill gives Boeing (NYSE: BA) a bridge, in case the express carriers…
BNSF Railway has filed an appeal of an $8 million jury verdict that found the company contributed to the deaths of two people who were exposed to asbestos decades ago when mining material was shipped by rail through Libby, Montana. The appeal filed Thursday will delay the start of a similar case in Missoula, Montana,…