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Eric Kulisch Thursday, February 23, 2023

Atlas Air Q4 profits fall ahead of delisting

Atlas Air took a profit cut in the fourth quarter, but comparisons with 2021 weren’t good because it was a record year financially.

Grace Sharkey Thursday, February 23, 2023

BlueCargo raises $11M to bring visibility to drayage fees

“We knew the port terminals, we understood their operations, but mostly we understood their systems and data. We thought we could be the bridge that wasn’t created before that could speak both parties’ languages and get containers in and out,” said BlueCargo co-founder and CEO Alexandra Griffon.

Eric Kulisch Thursday, February 23, 2023

Chinese cargo airline SF invests in airframe repair station

Express carrier SF Airlines is gaining in-house capability to upgrade airframes through a joint venture in China with ST Engineering.

Eric Kulisch Wednesday, February 22, 2023

Passenger-to-freighter conversions keep on humming

An Airbus affiliate that converts used passenger planes into cargo haulers plans to outsource some work to a new partner in China.

Grace Sharkey Tuesday, February 21, 2023

CargoX to provide blockchain FreightTech to former TradeLens users

“The digitalization of trade documentation is in full swing worldwide, and companies need all the support and advice they can get to implement the optimum solutions into their everyday workflows,” said CargoX CEO Stefan Kukman.

Eric Kulisch Tuesday, February 21, 2023

Air Canada’s freighter investments weigh on cash flow 

Air Canada is investing heavily in its dedicated cargo operations at a time when freight rates are slumping.

Trade Compliance

Brielle Jaekel Thursday, February 16, 2023

How has state marijuana legalization affected trucking?

The American Transportation Research Institute is again investigating the safety and other impacts on the trucking industry of state-level marijuana legalization — as well as additional questions the issue raises.

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Rail

Joanna Marsh Monday, February 27, 2023

BNSF’s fourth-quarter operating income slips 15%

Despite an increase in revenues for BNSF, higher fuel costs contributed to a softer operating income for the fourth quarter of 2022.

Joanna Marsh Monday, February 27, 2023

EPA tells NS where to dispose of derailment’s contaminated waste

The Environmental Protection Agency will direct Norfolk Southern where to transport contaminated waste from the Feb. 3 train derailment amid concerns by communities in other states that it was coming to them.

John Gallagher Monday, February 27, 2023

FRA to issue final rule affecting railroad contract workers

Rail unions warn that revisions to a rule affecting railroad contract workers could be a step backward for safety.

Joanna Marsh Sunday, February 26, 2023

Union Pacific on lookout for new CEO

Union Pacific confirmed that CEO Lance Fritz will be leaving his role. The railroad is looking for a replacement.

Joanna Marsh Friday, February 24, 2023

Trade groups, unions differ in responses to NTSB report on NS derailment

Rail trade groups’ and rail unions’ responses to NTSB’s preliminary report on the Feb. 3 Norfolk Southern train derailment offer different views on what the next steps should be.

Joanna Marsh Friday, February 24, 2023

BNSF, Norfolk Southern reach sick leave agreements with several unions

BNSF signs deals with the Transportation Communications Union and National Conference of Firemen & Oilers (NCFO), while NS also seals a pact with NCFO.

Joanna Marsh Thursday, February 23, 2023

NTSB chair says NS train derailment was ‘100% preventable’

Jennifer Homendy, chair of the National Transportation Safety Board, urged the parties involved in the derailment to heed the board’s recommendations to improve rail safety.

Joanna Marsh Thursday, February 23, 2023

NTSB issues initial findings on Norfolk Southern train derailment

The National Transportation Safety Board outlined some additional context about the Feb. 3 derailment of a Norfolk Southern train in Ohio, including more information about the location of hot bearing detectors and the controlled venting of tank cars carrying vinyl chloride.

Joanna Marsh Wednesday, February 22, 2023

Norfolk Southern, maintenance-of-way workers reach deal on sick leave

Norfolk Southern and the Brotherhood of Maintenance of Way – Employes Division have reached an agreement for sick leave.

Joanna Marsh Wednesday, February 22, 2023

Rail data for the first mile and last mile would benefit shippers

In this fireside chat for Global Supply Chain Week, FreightWaves’ rail and intermodal market expert Mike Baudendistel talks with Herman Haksteen, president of the Private Railcar Food and Beverage Association, about rail service issues and the rail car leasing market.

FreightWaves News

Noi Mahoney Tuesday, February 28, 2023

Canada devotes millions in federal funding to train, recruit new truckers

Canada has allocated $46 million in funding to recruit and train up to 2,600 new truck drivers and other transportation related jobs.

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