Caisse de Depot et Placement du Quebec and Prologis Inc. have set up a €1 billion ($1.2 billion) joint venture to acquire and run European logistics assets as geopolitical uncertainty continues to ...
With the Iran war now in its fifth week, Amazon is adding a 3.5% fuel and logistics surcharge for third-party sellers in the U.S. and Canada. The surcharge takes effect April 17, according to a notice ...
SCHUYLKILL COUNTY, Pa. — About 200 people are expected to lose their jobs in Schuylkill County. Lineage Logistics plans to lay off workers at its facility in the Highridge Industrial Park in Cass ...
President Donald Trump is planning a March 11 visit to Kentucky, during which he’s expected to make remarks at a Hebron packaging facility. Trump is expected to speak at an afternoon event at a Verst ...
U.S. customs officials say they're working on a system to deliver tariff refunds, and they hope it'll be up and running within 45 days. Since the Supreme Court struck down many of President Trump's ...
FedEx Freight details June 1 spin-off, sets stage for independent growth Leadership at FedEx Freight, the less-than-truckload subsidiary of Memphis-based global freight transportation and logistics ...
Fashion’s retail landscape has undergone many twists and turns at the hands of rapid AI adoption. As the tech is further implemented across the value chain, luxury and high-end brands alike are ...
A federal judge in Massachusetts ruled Wednesday that the Trump administration’s policy to quickly remove people to third countries to which they have no previous connection is illegal and that people ...
Notable logistics company GXO is reducing its Memphis footprint. On Feb. 19, the Connecticut-based company filed a Worker Adjustment and Retraining Notification (WARN) notice with the Tennessee ...
Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...
FedEx has outperformed UPS year to date and over the past five years. UPS has the higher valuation despite growing at a slower rate than FedEx and having lower net income growth. FedEx is focused on ...
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