Lineage Logistics is targeting a valuation of more than $30 billion in an initial public offering, people familiar with the matter said, in what could be one of next year’s largest listings.

WASHINGTON — President Joe Biden on Nov. 27 opened the first meeting of his supply chain resilience council by saying his administration was working to lower costs for U.S. families.

The Panama Canal Authority said it will add extra slots allowing ships to pay big premiums to transit the waterway, which has become congested due to an ongoing drought.

Trucking marketers looking for a leg up on social media are turning to AI software that can quickly surface the absolute best influencers in that medium to promote their brand.

The buzz around artificial intelligence has a way of obscuring the most important conversations around it.

Shipping companies have paid a total of $235 million so far this year to jump ahead of the backlog at the Panama Canal, according to data from shipping agency Waypoint Port Services.

A prototype of a battery-electric Class 8 truck with an expected range of 500 miles is set to begin its first pilot tests in Florida in the first quarter of 2024, according to vehicle developer Terraline Inc.

A freight route in Texas would formally be issued a name under legislation recently advanced by a committee in the U.S. House of Representatives.

Truck tonnage on an annual basis declined for an eighth consecutive month in October but improved slightly on a month-to-month basis, according to American Trucking Associations.

Carriers like the U.S. Postal Service, FedEx and UPS Inc. have capacity to meet projected demand this holiday season, which is cheery news for shippers and shoppers alike.