Carriers and shippers can expect a few bumps on the freight market’s road to recovery even as rates continue to climb, FedEx Freight CEO John Smith says.
In the bond market, Treasury yields rose with oil prices and after a report said growth in U.S. manufacturing accelerated by more last month than economists expected. The yield for the 10-year ...
Nearshoring has further evolved supply chains this year even as tariffs and geopolitical risks have complicated the process.
UPS is set to expand its North American Air Freight capabilities by debuting time-definite heavy airfreight service to and from Mexico for the first time.
The Institute for Supply Management's manufacturing gauge rose 1.3 points to 54. Readings above 50 indicate growth. The measure has signaled expansion for five straight months, pointing to renewed ...
BP executive William Lin will leave the company as it undertakes an overhaul of its senior leadership. The executive vice president of gas and low carbon will remain in the office until Q3.
North American motor carriers recently faced heightened scrutiny over logging driver hours and cargo securement during the annual Roadcheck enforcement blitz.
FedEx Freight debuted as an independent company, aiming to remove past internal constraints and more fully capitalize on its scale, network and LTL leadership. The carrier plans to grow share in SMB, ...
Oil companies are rushing to secure giant tankers to ensure they can transport barrels after the industry was upended by war and the largest vessel-buying spree in a generation, DHT's CEO says.
QXO agreed to buy insulation company TopBuild for about $17 billion, making QXO the second-largest publicly traded building products distributor in North America.
Congress returns to Capitol Hill on June 1 after the Memorial Day recess to re-engage in midterm election politics driven by ...
Toyota’s decision underscores how major automakers are recalibrating their electrification goals as demand growth slows and government incentives become less certain.