The existing port — which is 5 miles away and expanded 27 years ago from the original one built in 1933 — can no longer handle today’s traffic and commercial vehicle inspection demands.

FreightVana believes the deal will boost its position in the power-only brokerage segment. Loadsmith provides power-only and standard freight brokerage.

North Carolina Gov. Roy Cooper and other state officials announced a $13.7 million expansion by RXO in its Ballantyne operations to add 216 jobs over the coming years.

“Broadly speaking, freight demand trends are gradually improving,” said Carter Vieth, research associate at ACT Research.

Canada’s trade surplus with the U.S. helped avoid a deeper deficit, underscoring the importance of its biggest trading partner as President-elect Donald Trump threatens hefty tariffs.

Operators of East and Gulf Coast port terminals said they won’t continue bargaining with union dockworkers if it means giving up their right to invest in semi-automated cargo handling equipment.

Transportation policymakers on Capitol Hill finalized a comprehensive water infrastructure legislative package, paving the way for its end-of-the-year passage.

USDOT's Maritime Administration has awarded $4.85 million in grants to fund several marine highway projects including new cargo-handling equipment in Louisiana and Washington.

GXO Logistics announced Dec. 3 that CEO Malcolm Wilson plans to retire in 2025, but he will continue to lead the company during the search for a successor.

Fewer Americans shopped during Thanksgiving weekend this year, a sign that consumers remain selective about spending.