Category: business

  • Fuchs: Efficient Surface Transportation Board will foster rail competition, growth

    Fuchs: Efficient Surface Transportation Board will foster rail competition, growth DENVER — The chairman-designate of the Surface Transportation Board says he is transforming the regulatory agency into a more efficient body that will help support competition and growth for railroads. “We want to break down barriers to growth, encourage competition and elevate the role of…

  • Gallatin AI raises $15M in seed funding to advance military logistics

    Gallatin AI raises $15M in seed funding to advance military logistics Gallatin AI emerged from stealth mode on Tuesday and announced it has secured $15 million in a pre-seed funding round led by venture capital firm 8VC. The Washington-based defense technology startup aims to transform military logistics using AI to improve the speed and effectiveness…

  • Ocean shipping carbon tax could gouge US consumers, say opponents 

    Ocean shipping carbon tax could gouge US consumers, say opponents  Government representatives are meeting this week to finalize the first-ever global carbon tax on ocean shipping emissions in a move that opponents say could disproportionately hit American consumers. The initiative is being driven by the International Maritime Organization, which regulates global shipping, following a 2023…

  • Costamare to spin off dry bulk business

    Costamare to spin off dry bulk business Costamare, owner and provider of containerships and dry bulk vessels for charter, has revealed plans to spin off its dry bulk business. The post Costamare to spin off dry bulk business appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz