The rise of fast-fashion e-commerce giants like Shein and Temu is shaking up the global air cargo sector, according to industry insiders.

In January, Boeing saw a decline in aircraft orders and deliveries following a midflight incident involving a fuselage panel on one of its 737 Max 9s.

A bid to acquire the remaining assets of bankrupt Yellow Corp. might be back on track, as a ballot sent to local union heads suggests.

United Airlines made headlines three years ago when it axed flight change fees, a move that has cost the company an estimated $2 billion.

Walmart, already a retail giant, is aiming to get even bigger. Over the next five years, the company plans to build or convert more than 150 large-format stores, with some expanding from smaller locations into Supercenters offering groceries and merchandise.

The U.S. Bankruptcy Court has given the green light to Yellow Corp.'s sale of 23 terminal leases to various buyers, totaling $82.89 million.

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

During the holiday season, online spending hit a record high, increasing by 4.9% year over year, totaling $222.1 billion, according to Adobe Analytics.

In November, Americans increased their spending ahead of the holiday season, with retail sales rising by 0.3%, surpassing expectations and reversing the decline recorded in October.

Gas prices in the United States are dropping, with the national average at $3.137 per gallon, down 9 cents from the previous week and the lowest of the year.

In 2020, the aerospace industry faced a significant upheaval due to the COVID-19 pandemic, resulting in a sharp decline in travel demand, plummeting aircraft orders, and a major impact on aerospace suppliers.

Republican leaders in Congress are investigating the Department of Energy's $3 billion award to Sunnova Energy Corporation, a solar company accused of exploiting vulnerable customers with deceptive sales practices.

Deforestation is rapidly increasing in western Mexico, driven by the growing demand for avocados in the United States.

Tesla is building anticipation for its upcoming Cybertruck Delivery Event by showcasing the unconventional electric pickup truck.

Federal prosecutors arrested two individuals, Adama Sow and Abdulaj Jalloh, and seized over 200,000 counterfeit luxury items worth $1.03 billion in what is being described as the largest-ever seizure of counterfeit goods in US history.

Walmart's stock reached an all-time high, hitting $166.30, as investors anticipate the retail giant to outperform its competitors during the holiday season due to its reputation for offering value.

Holiday shoppers are expected to increase their spending this year, but their focus on value and deals is likely to limit growth to pre-pandemic levels, says the National Retail Federation (NRF).

"Retailers Face Record $112 Billion in Theft-Related Losses, Prompting Heightened Security Measures and Store Closures," says the 2023 National Retail Security Survey.

Target is closing nine stores in California, Oregon, New York, and Washington due to increasing thefts and organized retail crime that have put the safety of employees and customers at risk.

Estes has been officially approved as the real estate stalking horse bidder for Yellow's terminals, setting the minimum valuation for these assets in the bankruptcy proceedings.