STB response on UP service limited; agency won’t delay arbitration program
Are you curious about the latest developments in the rail industry? Discover the Surface Transportation Board’s response to Union Pacific’s service issues and its decision to reject a request by Class I railroads to delay an arbitration program. Chairman Marty Oberman addresses concerns raised by members of Congress and emphasizes the board’s commitment to holding Union Pacific accountable. While some board members express concerns about the participation condition of the arbitration program, the overall decision highlights the importance of fair and effective dispute resolution in the rail sector. Stay informed on the latest industry news and dive deeper into the details in this engaging article.
Sanctions effect begins: Crude tankers forced onto longer voyages
Tanker investors have been getting cold feet this winter. Spot rates are down sharply from November and stocks are off earlier highs. Yet the bullish tanker thesis — war-induced trade inefficiencies, post-COVID reopening, new vessel capacity that’s about to fall off a cliff — hasn’t changed. After spot rates “began to ease from highs that […]
Running on Ice: Florida makes headlines again
Hello, and welcome to the coolest community in freight! Here you’ll find the latest information on warehouse news, tech developments and all things reefer madness-related. I’m your controller of the thermostat, Mary O’Connell. Thanks for having me! All thawed out Jim Allen/FreightWaves Whether you believe that reefer units are smart depends on who you ask. […]
Ex-trucking co-owner sentenced for bank fraud, facing livestock neglect charges
The former co-owner of an Iowa trucking company was sentenced Tuesday for his role in orchestrating an elaborate $250,000 check kiting scheme and is also facing unrelated charges in state court that he allowed more than 800 pigs to starve or freeze to death in his care in December 2021. Nolan DeWall, 39, of Cedar […]