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FreightWaves NOW
FreightWaves
2053 episodes
1 day ago
Join the FreightWaves cast and crew every weekday morning at 9 am EST
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Join the FreightWaves cast and crew every weekday morning at 9 am EST
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Business News
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Morning Minute | November 20, 2025
FreightWaves NOW
2 minutes
2 days ago
Morning Minute | November 20, 2025
The NTSB released its findings about the container ship Dali crash from last year, determining that an improperly placed wire label caused the cargo vessel to lose power and drift out of control into the pier of Baltimore's Francis Scott Key Bridge, causing the collapse and the deaths of six construction workers. A.P. Moller-Maersk announced that it has selected Charlotte, North Carolina, as the new location for its North American headquarters, a move that comes after decades of having offices in New Jersey. The relocation of the North American HQ to Charlotte is expected to add 500 jobs, bringing the total Charlotte workforce to 1,300, and may earn the Copenhagen-based carrier an $8 million state grant if job creation and investment targets are met. Meanwhile, UPS is turning to an alternate playbook to compensate for the significant capacity being lost due to the grounding of its MD-11 freighter fleet. UPS is utilizing partner airlines and its ground network during the busy shipping period to make up for the loss, wet leasing several aircraft from carriers like Canada-based Cargojet, Amerijet, ABX Air, and Air Transport International, while consolidating flight routes and reconfiguring truck routes. Learn more about your ad choices. Visit megaphone.fm/adchoices
FreightWaves NOW
Join the FreightWaves cast and crew every weekday morning at 9 am EST