Punitive damages in huge Wabash judgment slashed but still over $100M
A court in Missouri rejected a wide variety of requests from trailer builder Wabash National arising from the lawsuit that led to one of the biggest nuclear ver...
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US ranks low among international postal services on financial flexibility
The U.S. Postal Service has less flexibility to address financial shortfalls than mail systems in other countries because of its obligation to provide universal...
Weekly US rail traffic remains ahead of 2024 levels
Weekly U.S. rail traffic remains ahead of 2024 levels, with a third straight week of gains greater than 5%, according to the Association of American Railroads.V...
Hafnia debuts bunker platform
Product tanker giant Hafnia is set to launch FuelSure – a digital platform aiming to bring greater transparency, accountability, and cost savings to the m...
Intangles maps physics of truck components for predictive maintenance
Intangles, a digital twin technology company focused on predictive maintenance, recently started showcasing the outcome of its partnership with the Contra Costa...
New American Industrial Alliance grows as tariffs boost domestic manufacturing
As market analysts continue to gauge the impact of President Donald Trump’s tariffs, some domestic manufacturers are banding together to revitalize America’...
BW Offshore FPSO gets few more days of work ahead of sale
Floater specialist BW Offshore has signed a short-term extension agreement for the FPSO BW Pioneer with Murphy Oil.The contract will extend the contract period ...
Apexindo jackup wins $120m deal from Pertamina
Indonesian drilling contractor Apexindo has won a contract for one of its offshore drilling rigs from state-owned giant Pertamina.The driller said in a press re...
Motion Ventures launches $100m maritime tech fund
Singapore’s Motion Ventures has launched what it claims is the largest-ever maritime tech fund at $100m.“We launched Motion Ventures with the belief tha...
Koff to lead supply chain security nonprofit Cyber Readiness Institute
The Cyber Readiness Institute (CRI), a provider of free cybersecurity resources to small and medium-size businesses, announced the appointment of Sasha Pailet K...
Wabtec to acquire Sweden’s Dellner Couplers for $960M
PITTSBURGH — Rail technology provider Wabtec (NYSE: WAB) will acquire Dellner Couplers, manufacturer of equipment and services for passenger rail rolling ...
Flexport lawsuit accuses Freightmate AI of copyright infringement
Supply chain management company Flexport has filed a lawsuit against Freightmate AI alleging former Flexport employees now heading the logistics software compan...