Logistics

The deficit in U.S. trade of goods and services narrowed in June for the first time since February as exports jumped, though shipments remained well below pre-pandemic levels.

Smithfield Foods Inc. is defending its efforts to keep employees safe and supply food to the nation during the coronavirus pandemic.

Patriot Transportation Holding posted an increase in net income on declining revenue for its fiscal third quarter, the company reported July 29.

Manatee County Port Authority approved a construction contract for an $8.3 million project to nearly double the size of Port Manatee’s dockside container yard.

UPS Inc. is building two giant freezer farms capable of super-cooling millions of vials of a COVID-19 vaccine, preparing for the day when it will need to deliver the medicine at high speed across the globe.

House lawmakers recently pointed to the need for enhancing the manufacturing environment for products and equipment to avoid future disruptions along supply chains affected during the coronavirus pandemic.

United Airlines Holdings Inc. will boost flights modestly in September as it resumes service on more than 25 international routes.

Universal Logistics Holdings reported July 30 that net income and revenue were down during the second quarter compared with last year.

Forward Air Corp. saw net income and total revenue decrease during the second quarter from prior-year levels, the company reported July 30.

Oil is set to eke out a monthly gain, yet futures lost steam on July 31 amid threats that the market will soon become oversupplied.