Global law firm Reed Smith today announced the appointment of partner Chris Buchanan in its Washington D.C. office. Buchanan joins the firm’s global Transportation Industry Group from King & Spalding where he was a partner in the finance practice.
Bringing a wealth of knowledge of the aviation industry, Buchanan’s experience includes advising clients on synthetic leases, aircraft finance, U.S. citizenship regulations for aircraft ownership, and export finance facilities.
Buchanan...
Amazon this week revealed a new way for customers to thank their delivery drivers — but those drivers could be due for an apology too.
On Wednesday, Amazon (NASDAQ: AMZN) rolled out a feature that will give delivery drivers an additional $5 when a customer tells his or her Alexa device, “Alexa, thank my driver.”
Amazon — not the customer — will make the payment to the driver who delivered that customer’s most recent package. The feature will apply to the first million thank-you’s, and the five...
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https://www.freightwaves.com/news/daily-infographic-260-miles-on-a-single-charge
The days in Washington, DC, seem to fly by as we barrel towards the Sept. 30 expiration deadline of the Fixing America’s Surface Transportation (FAST) Act. Transaction has slowed to a near standstill surrounding the uncertainty of the votes of moderate Senators from purple states who are stuck between a rock and hard place politically.
House Democrats are approaching the upcoming infrastructure bill and the reconciliation legislation in a “two-tracked” approach. Both sides of the aisle have...
https://www.freightwaves.com/news/whats-going-on-in-washington
The views expressed here are solely those of the authors and do not necessarily represent the views of FreightWaves or its affiliates. Jake Medwell, founding partner at 8VC, and Loren A. Smith Jr., president of Skyline Policy Risk Group, take a look at potential impacts on trucking. This will be a regular quarterly Q&A exclusively on FreightWaves.
By Jake Medwell and Loren Smith
Q: President Biden and the Congress are still hammering away on a big infrastructure and tax plan. What’s the latest?
A:
https://www.freightwaves.com/news/viewpoint-qa-on-infrastructure-legislation-in-washington
The commonwealth of Virginia, Amtrak, commuter rail Virginia Railway Express (VRE) and CSX (NASDAQ: CSX) have formally dedicated themselves to take part in a $3.7 billion effort to divide passenger and freight rail traffic in Virginia and improve traffic flows between the Northeast and Southeast corridors.
The public-private partnership, dubbed “Transforming Rail in Virginia,” seeks to alleviate the choke point that passenger and freight rail trains encounter when passing from Washington into...
https://www.freightwaves.com/news/csx-amtrak-and-virginia-formalize-public-private-partnership
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
We are in uncharted waters as a world, a country, and a freight economy. Networks have been disrupted, plants shuttered, trucks parked, and drivers unemployed. Carriers and brokers are doing what they can to get through the worst of the disruption while planning for the restart of the economy as North America emerges from the shutdown. Shippers are using the...
https://www.freightwaves.com/news/commentary-freight-rates-the-games-continue
Prior to last week’s closure of the U.S. Capitol, the Atlantic Intracoastal Waterway Association (AIWA) and Boat Owners Association of The United States (BoatUS) joined a broad coalition of groups including coastal shipping operators, dredging contractors, local governments and recreational boating groups to advocate on behalf of the Atlantic Intracoastal Waterway, a U.S. DOT-designated Marine Highway that runs from Norfolk, Va. to Miami.
The coalition went to Capitol Hill pushing to establish...
A user survey to help assess aids to navigation, hazards and other conditions on the Upper Potomac River began this week as part of a Coast Guard waterways analysis.
The review focuses on the area’s aids to navigation system, waterborne commerce, marine casualty information, port/harbor resources, emergency response plans, routine and emergency communication capabilities, and future development projects. A survey form is available online for mariners and others interested in the river to fill...