The UPS pilots’ union is helping members and families of the victims cope with last week’s tragic plane crash.
A UPS freighter aircraft destroyed buildings after slamming into an industrial area shortly after takeoff in Louisville, Kentucky, forcing the company to suspend shipping operations from its hub there ...
Emergency crews are responding to a UPS Airlines plane crash at the Louisville International Airport in Kentucky.
Egypt's Suez Canal Authority (SCA) met with major global shipping lines to encourage the return of vessels to the Suez Canal, which has experienced significant revenue declines due to Red Sea attacks.
Forward Air is undergoing a strategic review, potentially leading to a sale or merger, following investor criticism of its merger with Omni Logistics and subsequent financial struggles. The company is ...
Regional truckload tender rejection rates in the US are diverging significantly, with the Southeast showing much higher rates (near 10%) than the West Coast (around 3.5%). This disparity is due to ...
Japan’s Ocean Network Express (ONE) reported an 86% decline in Q2 net profit to $285 million, primarily due to the ongoing U.S. tariff war and its effects on trans-Pacific trade. The shipping line ...
Radiant Logistics exceeded Q1 analyst estimates for revenue and adjusted EPS, with revenue up 11% year-over-year, although adjusted earnings and EBITDA declined due to a bad debt charge and a soft ...
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 ...
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 ...
RXO's stock plummeted over 14% pre-market following Q3 earnings that showed significant year-on-year declines in key financial metrics like adjusted net income, EPS, and EBITDA, missing analyst ...
The logistics industry is stabilizing after a prolonged freight recession, with transportation prices and utilization increasing significantly, particularly in the latter half of October. Inventory ...