IMC, the leading US container transportation company, has placed an order for 50 Nikola fuel-cell trucks to replace its battery-electric vehicles following unsatisfactory results from two years of testing.

FedEx is set to launch a new "data-driven commerce platform" called fdx in the fall, offering comprehensive e-commerce solutions for online merchants.

Citigroup is set to trim its workforce by 20,000 employees over the next two years, according to CFO Mark Mason, following a dismal fourth quarter in 2023 where the bank reported a net loss of $1.8 billion, its worst in 15 years.

Recent sub-zero temperatures across the United States have caused gas wells to freeze, resulting in an 11-month low in gas production, according to Reuters.

In a move that challenges California's emissions regulations, Ohio is set to enact a law in March that prohibits state agencies from adopting California's vehicle emissions standards.

Shipping giant Maersk has informed clients that vessels carrying freight from Oceania (Australia and New Zealand) will no longer transit the Panama Canal due to ongoing low water levels caused by a severe drought.

UPS and FedEx have decided to extend their demand surcharges for additional handling and large packages, despite lower year-over-year volumes.

Extreme weather events are emerging as the foremost concern for supply chains in 2024, according to a report by Everstream Analytics.

SpaceX achieved a significant milestone by successfully transmitting text messages via its Starlink satellites using T-Mobile's network.

Walmart has unveiled its largest drone delivery expansion plan, covering 1.8 million households in the Dallas-Fort Worth area.

In a significant move, the Biden administration has introduced a federal rule that could compel businesses to reclassify independent contractors as employees.

Amazon is undergoing layoffs in its Prime Video and MGM Studios divisions, with hundreds of employees affected.

Dole Food Company has introduced a new weekly vessel service, effective since December 31, 2023, to the Northeast United States.

On New Year's Day, the Port of Virginia achieved a significant milestone by becoming the first U.S. East Coast seaport to operate entirely on 100% clean power, accomplishing its goal well ahead of the planned 2032 timeline.

Nikola Corp. recently took its hydrogen fuel cell electric truck for a spin at CES 2024, and we got a firsthand look at what this regional hauler can do.

The U.S. Supreme Court has declined to review a case involving broker liability for accidents involving trucks booked by third-party logistics providers (3PL’s).

The National Transportation Safety Board has located the plug covering an unused exit door that blew out minutes into an Alaska Airlines flight.

In a major development for the aerospace industry, United Launch Alliance successfully launched its inaugural Vulcan rocket from Cape Canaveral, Florida.

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

The Food and Drug Administration has given Florida the green light to import medications from Canada - a move aimed at lowering drug prices in the United States.