supply chain News Updates

FedEx Freight plans to target improved market share among four segments of the less-than-truckload market as a stand-alone entity, according to top executives.

Surging prices for plastic caused by disruptions from the Iran war have pushed one U.S. toymaker to buy up more inventory than needed.

Hyundai is rerouting ships around Africa to avoid the Strait of Hormuz, slowing the automaker’s global supply lines.

Two companion bills intended to deter cargo theft by imposing higher criminal penalties are moving through the Michigan Legislature.

Aluminum registered its best month in nearly two years as the war in Iran disrupted supplies and damaged local production facilities, tightening the global market.

House Transportation and Infrastructure Committee Chairman Sam Graves will not seek re-election, ending a congressional career that began in 2001.

The U.S. plans to contribute $250 million to an investment consortium that would help fund projects aimed at strengthening supply chains for energy and minerals.

The U.S., Japan and the EU are set to announce plans in the coming weeks to lay the foundation for a trade agreement in critical minerals, according to people familiar with the preparations.

The Iran conflict has caused major disruptions to global supply chains that experts warn could ripple down to domestic trucking.

Anthropic is challenging a decision by the Defense Department to shift its AI work to other providers, based on a risk designation typically reserved for companies from countries the U.S. views as adversaries.