FedEx pilots reached a tentative labor agreement with the parcel company, marking a significant step toward resolving nearly five years of negotiations.

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.

Companies across the transportation, logistics and industrial sectors are still succeeding in passing higher fuel and input costs on to customers — for now.

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.

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.

Canada-based carrier Kriska Transportation Group has acquired the temperature-controlled trucking company Sharp Transportation Systems.

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.

Some 605 public, high-speed EV fueling stations switched on in the first quarter, a 34% increase over the year-earlier period.

Legislators in several states are calling for measures to temporarily halt motor fuel taxes to alleviate the impact of rising prices at the pump for residents.

Hyundai Translead launched a partnership with Lytx to expand the integration of HT LinkVue, the company announced April 6.

While shipowners and insurers lined up to welcome the ceasefire, they also warned that more details will be needed to determine if safe transit is possible.

Windrose Technology expects by 2030 to be producing Class 8 battery-electric trucks with a range of more than 1,000 kilometers.

Rio Tinto and Century Aluminum raised the premium on aluminum blocks known as billets by about 3 cents a pound, or $110 a ton, above prewar levels.

FedEx has said it’s separating the freight and parcel operations to better focus on each business.

Exxon, which also said first-quarter earnings from its energy-products division would be lower, is among the first of the supermajors to disclose the war’s impact.

A unit of Hong Kong’s CK Hutchison said that Maersk had undermined a contract over operations of ports at either end of the Panama Canal.

Benchmark U.S. crude sank $18.43 to $94.52 a barrel, a nearly 16% decline. Brent crude, the international standard dropped $15.54 to $93.73 a barrel. 

Love’s Travel Stops opened new locations in Laurel, Mont., and Albuquerque, N.M., the company announced April 2.

The sale came about because General Motors is axing its Chevrolet Silverado medium-duty line, which is assembled at the Springfield, Ohio, facility.