Logistics

FedEx Corp. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer demand for package deliveries.

LONG BEACH, Calif. — The intermodal market has been climbing out of the freight recession, but very slowly amid continuing disruptions across the globe, according to a panel of experts Sept. 10.

The report, three years in the making and made public on Sept. 6, lauds the trucking industry for its efforts to join the fight at high-level federal and state government agencies.

Amazon.com Inc. is launching an artificially intelligent assistant designed to help online merchants manage their businesses.

The ports of Los Angeles and Long Beach, which account for roughly a third of all U.S. container imports, have seen a surge this summer.

As carriers await an upturn in the freight environment, executives say they continue to seek efficiencies and prepare their fleets for when the tipping point comes.

Efforts from established and newer enterprises to develop robust digital tools are being shaped by market demands and technological innovations.

CVC Capital Partners signaled it’s willing to increase its 14 billion-euro ($15.6 billion) offer for Deutsche Bahn AG’s logistics unit after losing the bidding to Danish company DSV A/S.

Amazon.com Inc. is raising the pay of its hourly warehouse workers by at least $1.50 an hour and tacking on Prime memberships to their benefits package.

About 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct. 1, a move that would shut down ports that handle about half the nation’s cargo from ships.