Rail Operator CSX Ousts Chief Executive After Activist Pressure

Joe Hinrichs was replaced by Steve Angel, who may be more likely to consider a merger on the heels of the Union Pacific and Norfolk Suffolk deal.

News
Alaska Seized a $95,000 Plane Over Illicit Cargo: A Six-Pack of Beer

The plane’s owner, an 82-year-old veteran, has asked the Supreme Court to hear his case and set limits on forfeitures of property used to commit crimes.

News
Trump Administration Seeks Pilot Projects for Air Taxis

The projects would allow small electric or hybrid aircraft to carry passengers or cargo before federal regulators approve their commercial use.

News
Finland Charges Ship’s Crew Members in Slashing of Undersea Cables

The tanker, the Eagle S, was detained last December.

News
Union Pacific in Talks to Acquire Norfolk Southern

The merger of two large rail companies would create the first coast-to-coast network, but the deal could reduce competition.

News
Cargo Ship That Caught Fire Carrying Electric Vehicles Sinks in the Pacific

Three weeks after a fire broke out on the ship off the coast of Alaska, the Morning Midas sank, along with thousands of cars on board.

News
Fred Smith, Billionaire Founder of FedEx, Is Dead at 80

His vision for how to ship packages overnight led to not just a new company, but also a new sector of the world economy and a now-familiar English verb.

News
Yes, That 18-Wheeler on a Texas Highway Is Driving Itself

As the shipping industry struggles to recruit truck drivers, driverless trucks won’t need sleep, won’t speed and won’t get road rage. But experts and truck drivers say they are not a panacea.

News
Trump’s Plan to Revive US Shipbuilding Would Take Billions and Many Years

President Trump and members of Congress want to revive U.S. shipbuilding with subsidies and penalties against Chinese-built ships. But there are obstacles.

News
3 Are Arrested in Russia-Linked Sabotage Plot, Germany Says

The men, Ukrainian nationals, were arrested in Germany and Switzerland, the state prosecutor in Berlin said. They are suspected of planning to sabotage commercial freight infrastructure.

News