Business

Hanjin Shipping Co.’s vessels are getting stranded at sea after the South Korean container mover filed for court protection, roiling the supply chain of televisions and consumer goods ahead of the holiday season.

As the summer's road trip season draws to a close, American drivers are realizing about $19 billion in fuel savings compared to what they paid at the pump in 2015, fuel and travel industry experts said.

The following may sound like an exaggeration: "We're washing blood off our highways every day," said Cpl. Jess Thornton of the Alabama State Troopers.

Manufacturing in the U.S. unexpectedly contracted in August for the first time in six months, amid slumping orders and production that raise concern of renewed industrial weakness.

Driver turnover fell four points year-over-year for larger truckload fleets to 83% in the second quarter, dropping to the lowest level since 2011 amid a sluggish freight market, American Trucking Associations reported Sept. 1.

American consumer sentiment reversed course last week after climbing to the highest level since April 2015, weighed down by less favorable views of the economy, the buying climate and household finances, the weekly Bloomberg News Consumer Comfort Index showed Sept. 1.

Fewer Americans than forecast filed applications for unemployment benefits last week, further evidence of a healthy labor market.

UPS Inc. announced that its pilots, who are members of the Independent Pilots Association, have ratified a labor agreement that is in force until at least Sept. 1, 2021.

C.H. Robinson Worldwide Inc. announced it has agreed to purchase freight forwarder and customs brokerage APC Logistics for about $225 million to enhance the buyer’s presence in Australia and New Zealand.

Hanjin Shipping Co. applied for court protection Aug. 31 after failed efforts to secure credit and tide over a cash shortage.