United Parcel Service (UPS) reported a disappointing start to the year with first-quarter earnings revealing a 5.3% drop in revenue and a 31.5% plunge in operating profit compared to last year.

Boeing recently paid Alaska Airlines a hefty $160 million as compensation for grounding their 737 Max 9 jet.

in a recent development, BlackRock, the world's largest asset manager, is challenging Texas' move to pull out about $8.5 billion from the Texas Permanent School Fund (PSF), alleging it's a boycott against energy companies.

The European Commission gave the green light to CMA CGM's acquisition of Bolloré Logistics SE, with conditions, following an investigation into potential competition issues.

FedEx might actually benefit from losing its colossal contract with the U.S. Postal Service, according to Brandon Oglenski, an analyst at Barclays Bank.

Companies have invested nearly $2 billion to acquire terminal assets from Yellow, comprising 128 properties and 25 leases.

Three major medium- and heavy-duty truck manufacturers - Daimler Truck North America (DTNA), Navistar Inc., and Volvo Group North America - have teamed up to create Powering America’s Commercial Transportation (PACT), an initiative aimed at advancing electric truck infrastructure.

Warren Buffett's Berkshire Hathaway has completed its acquisition of the final 20% stake in Pilot Travel Centers, a major truck-stop operator.

FedEx is anticipating a significant loss of business with the U.S. Postal Service when its current contract expires.

Lazada, the Southeast Asian e-commerce platform owned by Alibaba, has initiated a new round of layoffs that will be affecting employees across all Southeast Asian markets.

Forward Air has sold its final-mile business, Forward Air Final Mile (FAFM), to Hub Group for $262 million.

China's President Xi Jinping attended a dinner in San Francisco with prominent American CEOs, including Tim Cook of Apple, Elon Musk of Tesla, and Larry Fink of BlackRock, among others.

Chevron's stock decline following an earnings miss has reduced the value of its all-stock acquisition offer for Hess Corp. by approximately $6.5 billion.

Chevron and Exxon are making significant acquisitions in the oil and gas industry despite growing global momentum toward clean energy.

Ryder System Inc. is set to acquire Impact Fulfillment Services Holdings LLC (IFS), a company specializing in contract packaging, manufacturing, and warehousing services with a presence in 15 states.

Chevron has agreed to purchase U.S. oil and gas producer Hess in an all-stock deal valued at $53 billion.

South Korea's Lotte Global Logistics has entered into a strategic partnership with CoEvolution, a Chinese specialist in automated control platforms.

As winter approaches, shippers are expected to have the advantage in air freight rate negotiations due to declining demand and spot rates in the air cargo industry.

Ryder System has launched Torque by Ryder, a mobile maintenance service that offers on-site repairs for fleets with no long-term contract.

US Xpress executives have assumed new roles within Knight-Swift Transportation Holdings after the acquisition.