House lawmakers crack down on Chinese ocean freight data

WASHINGTON — House lawmakers have passed a bill giving regulators new power to investigate potential violations of the law by the producer of one of the most closely watched container freight indexes. The Ocean Shipping Reform Implementation Act of 2023, which passed the chamber on Thursday by a vote of 393-24, targets China’s Shanghai Shipping…

Truck of the Future: 5 takeaways from a CERAWeek discussion

HOUSTON — The roughly 9,000 attendees at the CERAWeek energy conference had a multitude of presentations about transitioning to new forms of energy and away from hydrocarbons. But only one focused on the future of trucking. Three executives from diverse trucking industry backgrounds answered questions from Greg Genette of S&P Global Mobility at a panel…

Illinois Supreme Court lets p44’s defamation suit against FourKites proceed

The Illinois Supreme Court ruled Thursday that project44 may move forward with its defamation lawsuit against rival visibility provider FourKites. “We plan to continue on the merits of the case,” Jennifer Coyne, general counsel for project44, told FreightWaves. The dispute began with emails sent to project44 executives in May 2019, alleging accounting improprieties and ties…