freight

Federal suit alleges AI system injured Union Pacific employee

A Wyoming locomotive engineer is suing Union Pacific (NYSE: UNP) in federal court, alleging he was injured when an AI computer software system caused two locomotives on the train on which he was working to move at conflicting speeds. 

Andrew Kirol was injured in May 2021 when the AI software gave “incorrect, inconsistent, contradictory and dangerous instructions” to the locomotives powering the train, according to a lawsuit filed April 18 in the District of Wyoming. 

Kirol was required to use the...

https://www.freightwaves.com/news/federal-suit-alleges-ai-system-injured-union-pacific-employee

Baltimore bridge collapse: Fourth victim recovered, FBI boards cargo ship

A fourth victim’s body has been recovered from the site of the Francis Scott Key Bridge collapse in the Patapsco River, officials said.

Salvage teams recovered a vehicle with a body trapped inside while they were working Monday to clear the channel of debris, said Baltimore Mayor Brandon Scott. Six construction workers were repairing potholes on the bridge on March 26 when it collapsed. The workers plummeted to their deaths, and two remain missing.

FBI agents boarded the Dali, the...

https://www.freightwaves.com/news/baltimore-bridge-collapse-fourth-victim-recovered-fbi-boards-cargo-ship

Port of LA opens promenade to connect community to waterfront

The Port of Los Angeles recently opened a waterfront promenade on its property, giving the nearby community unprecedented access to the water and sweeping views of the port’s activities.

The $77 million Wilmington Waterfront Promenade is the second phase of connecting the Wilmington community, located adjacent to the port, to the waterfront. The 9-acre promenade opened in February after more than three years of construction. Until this project, which port officials have deemed “transformational...

https://www.freightwaves.com/news/port-of-la-opens-promenade-to-connect-community-to-waterfront

California carrier and freight brokerage ceasing operations, blames AB5

A family-owned trucking company and brokerage — California Intermodal Associates Inc. (CIA), headquartered in Commerce, California — is ceasing operations after nearly 25 years, citing the state’s independent contractor law.

CEO Gabriel Chaul said he recently notified customers that he is winding down operations.

“I blame AB5 for the main reasons our company is closing,” Chaul told FreightWaves on Tuesday.

He said all hope that his company would survive faded in March after a federal judge in...

https://www.freightwaves.com/news/california-carrier-and-freight-brokerage-ceasing-operations-blames-ab5

The Great Freight Recession has now lasted longer than the COVID bull market

On March 31, 2022, FreightWaves declared that a freight recession was imminent. More than two years later, the freight market remains in one of its deepest and longest recessions in history.

Our original conclusion was derived from signals from FreightWaves SONAR. Its high-frequency datasets, which track freight supply and demand in real time, indicated an imminent collapse. When FreightWaves first published the article, many were not only skeptical of the conclusion, they derided FreightWaves...

https://www.freightwaves.com/news/the-great-freight-recession-has-now-lasted-longer-than-the-covid-bull-market

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