Our Next Energy Inc., a battery startup hoping to rival China with vital energy storage technology, has replaced founder and CEO Mujeeb Ijaz as it faces a failed funding round and cash crunch.
Battery Startup ONE Demotes CEO Amid Cash Crunch
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Shekar Natarajan is out as president of logistics provider Quiet Platforms. In a statement issued late Monday, the company said that Natarajan had exited the company, effective immediately. His departure was due to…
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RXO exec at UBS conference says 3PL’s market share still rising
NEW YORK — RXO’s chief strategy officer conceded to a conference here that he didn’t have much fresh to say in terms of the company’s market or overall outlook, but given the relative strength of the 3PL’s first-quarter…
Delta Cargo cranks up refrigeration at JFK airport
Delta Air Lines has inaugurated John F. Kennedy International Airport’s largest temperature-controlled facility for pharmaceuticals and perishable goods. The Atlanta-based carrier announced Thursday that it has doubled…
Nevada governor vetoes bill to restrict train lengths
Nevada Gov. Joe Lombardo has vetoed a bill that would have restricted the length of freight trains running through the state, saying such a mandate could violate federal interstate commerce laws. The Republican governor said…
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