An employment pullback in the freight sector came even as companies say they are struggling to recruit workers to meet strong shipping demand.
Orders for heavy-duty trucks slipped from historic highs in April, as manufacturers of big rigs say they are building up production.
An order for up to 800 vehicles for beverage distribution adds energy to a competition with Tesla and others to bring alternative-fuel big rigs to trucking.
The joint venture between distributors and refiner Andeavor will give U.S. exporters new capacity to reach global markets, and give troubled ship operators an important new tanker destination.
Startup supplier of robot ‘grippers’ for industrial settings gets second funding round led by Hyperplane Venture Capital.
Retailers, manufacturers facing capacity squeeze on the highways are taking a slower path through intermodal rail to keep shipments moving,
Prologis agreed to buy logistics-property owner DCT Industrial Trust for $8.4 billion including debt, as a surge in e-commerce ramps up demand for warehouses and distribution centers.
Soren Skou, head of the world’s biggest container ship operator, says government backing is propping up carriers “who do not have a profitable business model.”
The sale-leaseback agreement comes as the grocery chain looks to shed additional supermarkets amid pressure to boost results.
Coca-Cola, Procter & Gamble and other suppliers are finding it harder and more expensive to get shipments to stores, distribution centers.
Kenneth Wagers moves to acquisition-focused XPO from Amazon’s transportation and logistics operation, Troy Cooper is named president.
The U.S. and China failed to bridge sharp divisions in trade talks, raising the chances that each government will slap tariffs on tens of billions of dollars of the other country’s exports before settling their dispute.
Toyota is expected to announce plans to invest $918 million in two plants in Ontario, Canada.