WiseTech Global cutting 30% of workforce in AI restructure
WiseTech Global, a maker of supply chain management software, plans to eliminate 2,000 jobs, or a third of its global workforce, in a ‌two‑year restr...
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Supreme Court says USPS legally immune for intentionally misdelivered mail
The U.S. Supreme Court in a 5-4 decision on Tuesday ruled that the U.S. Postal Service can’t be held liable for intentional failure to deliver mail.Justice Cl...
Velocity Vehicles debt rating slashed for 2nd time in 3 months
(Editor’s note: an earlier reference to certain financial obligations has been removed from this version of the article. Velocity Vehicles no longer has those...
Manufacturers look for certainty following Supreme Court’s tariff decision
An article from Manufacturers look for certainty following Supreme Cour...
Teekay Tankers offloads sole VLCC
Teekay Tankers is pulling out of the VLCC segment, agreeing to sell its only supertanker in a deal that leaves the New York-listed owner focused squarely on sue...
Sinokor now controls one in four compliant VLCCs
One in four compliant VLCCs are now controlled by Ga-Hyun Chung-led Sinokor, according to analysis by Norwegian broker Fearnleys, following the Korean company�...
Geneva Dry Dialogues: Shipfinex
Being a shipowner is no more a dream, own a ship from as little as $1,000, states the homepage of Geneva Dry sponsor Shipfinex, a ship tokenisation platform aim...
Union Pacific CEO explains delay in revised merger filing
Union Pacific’s plans to submit its revised Norfolk Southern merger application slipped from March to April after federal regulators clarified how certain dat...
How China won Panama before the West knew the game had started
Beijing’s two-decade digital embedding strategy explains why displacing Chinese influence requires more than a Supreme Court ruling.The post How China won Pan...
Union Pacific, Norfolk Southern set new date to re-file merger application
Railroad history, it seems, can wait a little longer.Union Pacific and Norfolk Southern today told federal regulators they will file a revised application for t...
Red state AGs want Justice to review rail merger
A coalition of top law enforcement officials is asking the Department of Justice to review the proposed transcontinental railroad merger of Union Pacific and No...
UPS challenges Teamster suit over $150,000 driver buyouts
United Parcel Service on Friday asked a federal judge to throw out a Teamsters union complaint seeking to block the company from offering $150,000 voluntary buy...