Business

Logistics specialist Uber Freight is teaming up with Waabi Innovation Inc. in an artificial intelligence-powered autonomous truck partnership, the companies said Sept. 21.

FedEx Corp. posted a higher profit than Wall Street expected in its most recent quarter, but trimmed expectations for the full-year period.

Amazon.com Inc. is scrapping a planned fee on merchants that don’t use its shipping services, according to documents reviewed by Bloomberg.

Executives across multiple segments of the trucking industry expect the freight environment to take considerable time to improve substantially.

Hyundai Motor Group signed an agreement with Georgia Tech on Sept. 19 to collaborate on research and development of hydrogen-fueled engines for large trucks and electric vehicle batteries.

Container volumes trended mostly into negative territory in August at facilities along the Pacific, Atlantic and Gulf of Mexico coasts, with a modest gain at the Port of Los Angeles.

WASHINGTON — The Federal Reserve left its key interest rate unchanged Sept. 20 for the second time in its past three meetings, but also signaled it expects to raise rates once more this year.

The shifting logistics challenges fueled by the growth of e-commerce are the catalyst for a national competition sponsored by the U.S. Census Bureau.

U.S. retail sales for medium-duty trucks grew 13.6% in August compared with the year-ago period, according to data from Wards Intelligence.

CLEVELAND — Doug Nickles from FedEx Freight earned his first TMCSuperTech grand champion honor at ATA's  Technology & Maintenance Council’s National Technicians Skills Competition.