An indicator of U.S. supply chain pressure fell to the lowest level in two years, as a sharp drop in transportation costs underscores the slowdown in the nation’s economy heading into the second half of the year.

The union representing about 22,000 West Coast dockworkers and their employers will continue negotiations for a new labor contract past the July 1 expiration of their current pact and said the ports — among them the U.S.’s busiest — will keep functioning.

SAN FRANCISCO — A California agency on June 30 cleared the way for the Oakland Athletics to continue planning a $12 billion waterfront ballpark project.

J.B. Hunt Transport Services Inc. has expedited overseas delivery of new containers as part of its commitment to grow intermodal capacity, the company announced June 30.

The Transportation Intermediaries Association, which represents the third-party logistics industry, moved into a new office June 27 in Alexandria, Va.

Hyliion Inc. announced it is collaborating with Cummins Inc. to bring Hyliion’s natural gas extended range powertrain to North American trucking on schedule.

Automation at the Long Beach Container Terminal and the Port of Los Angeles’ TraPac terminal has eliminated 535,848 hours and $41.8 million in wages annually for dockworkers, even as production at ports that are automated is typically lower than at those that aren’t, according to a new study.

A federal judge ordered Peter Armbruster, former chief financial officer of Roadrunner Transportation Systems Inc., to pay $1.1 million in restitution in connection with a sophisticated account fraud scheme.

FedEx Corp. expects to grow earnings per share as much as 19% annually over the next three years by targeting “high-value” customers and squeezing more efficiency out of its networks.