About 88,000 trucking companies and 8,000 freight brokerage companies went out of business in 2023, according to Freight ...

UPS stock dived to a multiyear low.The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...

Corporate America just kicked off a new quarterly earnings season. The company has become a worthy competitor to Nvidia in the market for data center graphics processors (GPUs), which are critical for ...

When Marco Rubio arrives in Latin America this weekend on his first foreign trip as Donald Trump's secretary of state, he'll ...

Described as “the world’s largest cargo ship with sails,” Anemos has opened its cabins to passengers wanting a low-carbon ...

In the last three years, the government has virtually shut down the disinvestment and privatisation programme.

The Sri Lanka Navy's Western Naval Command firefighting team have contained a fire in a container at the Colombo Port's Bandaranaike Quay IV (BQ IV) terminal on Thursday night.

Automakers, French cognac makers and Italian producers of parmesan cheese have all expedited deliveries to the United States.

In light of the ongoing challenges faced at the Colombo Port, Sri Lanka’s Joint Chambers, along with key trade, maritime and logistics associations, have proposed several short-term and medium-term so ...

FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx ...

Did you know that ground shipping can reach places airplanes can’t? Unlike air freight, which relies on airports and ...

Secretary of State Marco Rubio says President Donald Trump’s desire to acquire Greenland and retake control of the Panama ...