FedEx Ground has filed a lawsuit against one of its top delivery contractors, alleging that he is distributing false and misleading information about the firm and its relationships with contractors in order to increase the fortunes of his web of businesses. FedEx Ground (NYSE: FDX) accused Spencer Patton of "creating...
FreightWaves Infrastructure: The Astoria-Megler Bridge was built 56 years ago.
August 27 is the 56th anniversary of the opening of a new bridge (August 27, 1966). The Oregon State Highway Department (now the Oregon Department of Transportation) and the Washington State Highway Department collaborated on the Astoria-Megler Bridge (now the Washington State Department of Transportation). The Astoria-Megler Bridge (also known...
Four ways the Inflation Reduction Act may affect supply chains.
The Inflation Reduction Act of 2022 (IRA), as the name implies, was signed into law earlier this month by President Joe Biden. It also includes $300 billion in subsidies and incentives for clean energy and climate change efforts. The incentives are intended to speed electric vehicle adoption, and green ports,...