The UPS pilots’ union is helping members and families of the victims cope with last week’s tragic plane crash.
A 90-day pause in tariffs on goods from China is causing a surge in imports at US ports this summer, primarily driven by retailers restocking for back-to-school and holiday seasons. Import volumes had ...
The U.S. Trade Representative has officially suspended port fees on China-built cargo ships for one year, effective until November 10, 2025. This suspension is part of a wider trade agreement, with ...
The FAA temporarily grounded all MD-11 freighter aircraft for inspections following a fatal crash of a UPS MD-11 in Louisville, Kentucky. The grounding was prompted by an incident where the left-wing ...
A federal bankruptcy court has approved the sale of six of defunct Yellow Corp.'s terminals for $10.2 million, with ArcBest and real estate investors among the buyers. The estate has so far sold ...
Universal Logistics Holdings reported a significant Q3 net loss of $74.8 million, primarily driven by an $81.2 million noncash impairment charge in its intermodal segment due to reduced demand. Even ...
Sang H. Yi appointed acting head of the Maritime Administration (MARAD). Yi has a background in Congress, intelligence, and the U.S. Merchant Marine Academy. MARAD's responsibilities include managing ...
Air Lease Corp. canceled its order for seven Airbus A350 freighter jets due to development delays and rising tariffs. The cancellation frees up over $1 billion in capital for Air Lease Corp. to invest ...
An early season winter storm is causing traffic delays and road closures across the Midwest, with warnings stretching from Chicago to northern Kentucky. Lake effect snow warnings are in effect along ...
The heavy hitters in trucking just finished their Q3 calls, and what they’re saying is loud enough for small carriers to hear: things are messy, but there’s a glimmer of opportunity if you play tight.
Genesis Network Telecom (GNET), a Texas-based factoring company, filed for bankruptcy liquidation. GNET lists assets up to $50,000 and liabilities between $100 million and $500 million, with no funds ...