Logistics News

FedEx reported profit that beat Wall Street’s expectations as the courier navigated tumultuous trade policies and rising costs that have buffeted its business.

Consumers will spend $26.3 billion online with Amazon and other retailers during this year's Prime Day, according to Adobe estimates.

Brent crude, the international standard, lost 1.3% to $72.87 a barrel, closer to its roughly $70 price from before the war.

The stubborn blaze at a Lineage Logistics facility in the Boyle Heights neighborhood has become one of the area’s most disruptive industrial fires in recent years. 

Iran has been seeking to assert control over Hormuz since it reached an interim peace deal with the U.S. earlier this month.

Orange EV marked delivery of its 2,000th electric terminal truck with a deployment to Coca-Cola Canada Bottling, the company announced June 23.

Questions surrounding control of the vital Strait of Hormuz and whether vessels will be charged tolls to cross it could interfere with negotiations to forge a lasting peace.

Several prominent freight brokerages have said the decision, while increasing legal exposure, will also reinforce industry safety practices.

Canadian union Unifor is seeking higher pay and retirement benefits as well as better job security from Ford in contract negotiations.

Brent crude was trading down 3.6% to $77.70 per barrel. It was at roughly $70 a barrel before the start of the war in late February.