Business

One of the world’s largest port operators, DP World, said July 1 it had acquired American logistics firm Syncreon Holdings in a $1.2 billion deal, the latest investment as the maritime company pushes to expand farther afield.

Vermont transportation officials are leading an effort to keep large commercial vehicles out of Smugglers’ Notch, a twisting mountain pass on which numerous truckers have gotten stuck over the years.

U.S. manufacturing continued to expand at a solid, yet slightly slower pace in June while a measure of prices paid for materials jumped to an almost 42-year high.

Jeffery Kelley Thompson of Olathe, Kan., who served as an America's Road Team Captain appointed in 2009, died June 20.

Amazon said June 30 that its carbon footprint grew 19% last year as it rushed to deliver a surge of online orders during the pandemic.

President Joe Biden’s team is intensifying its pressure on Republicans opposed to a bipartisan infrastructure agreement by spotlighting crumbling roads and bridges on a state-by-state basis that the funding could be used to rebuild.

Applications for U.S. state unemployment insurance fell last week by more than projected, reaching a fresh pandemic low and suggesting that dismissals are abating as the economy reopens and labor demand rises.

Today’s young people want to live and work in diverse and inclusive communities, and are looking for companies that share that vision. U.S. Xpress President Eric Fuller says he can address these issues within his company, but it is the responsibility of all trucking leaders to look out for the industry.

U.S. Department of Transportation Secretary Pete Buttigieg announced June 30 that the agency plans to award $905 million in grants through the Infrastructure for Rebuilding America program.

DP World is nearing an acquisition of Syncreon Holdings Ltd. in a deal that could value the U.S. supply chain services company at about $1.2 billion, according to people familiar with the matter.