The Federal Reserve is seeing both labor and material shortages mounting across several sectors of the U.S. economy, which may have consumers paying even more for everything from fuel to new homes.

A historic golf course in the Chicago suburbs is one step closer to becoming a trucking and logistics and warenhouse complex.

Egypt seized the giant container vessel that blocked the Suez Canal last month as part of an effort to get more than $900 million in compensation.

Darrel Harris has been named president of Yellow Corp., six months after joining the Overland Park, Kan., company.

President Joe Biden told companies vying with each other for a sharply constrained global supply of semiconductors that he has bipartisan support for government funding to address a shortage that has idled automakers worldwide.

Covenant Transportation Group Inc. is realigning its senior management team at its Chattanooga, Tenn., headquarters three years after making its biggest purchase in the company’s 35-year history.

Uber is offering sign-up bonuses and other incentives for drivers as it faces record demand for rides and meal delivery.

Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year.

After carrying the weight of the global economy since World War II with little fanfare, the lowly shipping pallet is finally commanding some respect.