General News
USPS Proposes 4-Cent Stamp Increase to 82 Cents
The proposed 4.8% price hike will be reviewed by the Postal Regulatory Commission, an oversight body, and if approved, will go into effect July 12.
Ex-First Brands Officer Says He Was Unaware of Alleged Fraud
“What has happened to the business of First Brands is a tragedy, but the narrative that … this should fall on Patrick James is false,” a spokesperson said.
Third-Generation Volvo Leader Oversees VNR Launch
General Manager Marcus Minkkinen says collaboration, teamwork and problem solving are integral to the company's success.
Class 8 Orders Surge More Than 100% for Second Straight Month
ACT Research preliminary data showed orders jumped 126% from the prior year to 37,200. Sequentially, orders fell 19.5% from 46,200.
Amazon Considers Selling In-House Chips to Other Companies
The disclosure offers a rare glimpse into the scale of Amazon’s in-house chip operation, which produces general-purpose computing and AI accelerators.
Tiny Shipping ETF Becomes Iran War Gauge on 1,300% Rally
Every twist in the Iran war shows up almost instantly in a $65 million exchange-traded fund that most investors have never heard of.
Hormuz Is 'Not Open' as Iran Tries to Formalize Control
Just seven ships, all with a prior link to Iran, were observed making the voyage out of the Persian Gulf. Normal transits in both directions are more like 135 a day.
Project44 Expands AI Strategy With LunaPath.ai Acquisition
Project44 deepened its AI strategy by acquiring LunaPath.ai, bringing execution-focused agent orchestration in-house to improve supply chain outcomes.
Economy Grew at Sluggish 0.5% in Q4 in Downgrade of Estimate
For all of 2025, the economy grew 2.1% last year, slower than 2.8% in 2024 and 2.9% in 2023.
Oil Prices Head Back Toward $100 on Ceasefire Skepticism
Benchmark U.S. crude was 5.4% higher on April 9 at $99.44 a barrel. Brent crude, the international standard, rose 4.1% to $98.70 per barrel.
FedEx Freight Eyes Market Share Gains as Stand-Alone Carrier
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.
FedEx, Pilots Set Tentative Contract After 5 Years of Talks
FedEx pilots reached a tentative labor agreement with the parcel company, marking a significant step toward resolving nearly five years of negotiations.
Former Negotiator Says Time Favors Canada in USMCA Talks
Pressure on the U.S. economy is building, and Canada can likely get the best outcome in trade negotiations by waiting, according to a former Canadian negotiator.
Transport Fuel Costs Could Test M&A, Investment Bank Says
Companies across the transportation, logistics and industrial sectors are still succeeding in passing higher fuel and input costs on to customers — for now.
War Risk Rates Dip as Shipowners Eye Hormuz Passage
Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the U.S.-Iran ceasefire deal.
Short Squeeze Sends Avis Stock Up More Than 150%
Avis shares have surged more than 150% in a classic short squeeze as hedge funds boost stakes, pressuring short sellers and driving borrowing costs higher.
KTG Acquires Fellow Canadian Carrier Sharp Transport
Canada-based carrier Kriska Transportation Group has acquired the temperature-controlled trucking company Sharp Transportation Systems.
Christmas Comes Early — but Not in a Good Way — for Toymaker
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 Turns to Cape of Good Hope to Avoid Strait of Hormuz
Hyundai is rerouting ships around Africa to avoid the Strait of Hormuz, slowing the automaker’s global supply lines.
US Charging Networks Race to Keep Up as Gas Prices Boost EVs
Some 605 public, high-speed EV fueling stations switched on in the first quarter, a 34% increase over the year-earlier period.