Business

JERUSALEM — A containership came under attack by a drone in the far reaches of the Arabian Sea, corresponding with a claim by Yemen’s Houthi rebels that they assaulted the ship there.

Norfolk Southern's CEO won support from adviser Institutional Shareholder Services before a shareholder vote on an activist-driven push to replace the railroad’s leadership team.

U.S. ports closed out the first quarter in March with continued year-over-year increases in container volumes.

Montana is progressing on plans to provide more truck parking along its busiest freight route on Interstate 90.

The Federal Motor Carrier Safety Administration has told a Florida licensing agency that CDL applicants cannot continue taking a skills test after failing the pre-trip inspection.

ArcBest saw its bottom line swing from a profit to a loss and posted a decline in revenue during Q1 on the heels of market softness and weather-related delays, the company reported.

Saia Inc. posted a 19.2% increase in profits in the first quarter of 2024 but undershot analyst and market expectations, even as key metrics improved.

GXO Logistics has completed its acquisition of the U.K.-based transport and logistics services company Wincanton, the company announced April 29.

Archer-Daniels-Midland Co.’s shares slumped as the agribusiness giant warned of pressured margins for the remainder of the year, even as quarterly earnings beat estimates.

Waabi Innovation opened a terminal in Lancaster, Texas, to serve as the center of the company’s operations in the state, which are at the heart of the self-driving truck specialist’s ambitions.