The container shipping industry, after two years of record-high freight rates and slow deliveries, is seeing its boom become a bust due to oversupply following the COVID-19 demand highs.

Delaware officials announced a $50 million federal grant to help pay for a container terminal expansion project to enable the century-old Port of Wilmington to handle larger vessels.

After a drop in merger and acquisition activity, analysts believe the market has turned a corner. Driven by uncertain economic conditions earlier this year, M&A has now started a rebound.

Forward Air has filed a counterclaim against Omni Logistics in response to a lawsuit Omni filed alleging that Forward has not followed through on a planned merger between the companies.

A stretch of Interstate 10 near downtown Los Angeles will be closed indefinitely after a fire beneath the roadway destroyed infrastructure last week.

An unmanned cargo vehicle operated by Swedish startup Einride has begun transporting goods on a regular basis for GE Appliances at a private site in Selmer, Tenn., the companies announced.

The trucking industry is heading into a strong but somewhat uncertain peak shipping season with consumer spending expected to remain high even amid a softer economy, according to a survey.

Canada is implementing a new database requiring registration by next year for people and companies transporting dangerous goods at a domestic site they own or operate.

The container shipping industry faces a few years of headwinds as low freight rates and widening geopolitical turmoil cloud the outlook, according to Hapag-Lloyd AG CEO Rolf Habben Jansen.

Amazon.com Inc. is rolling out grocery delivery service for non-Prime members to the wider U.S. as it prepares to open more supermarkets next year.