Logistics

UPS Inc. will raise prices 5.9%, to take effect on Dec. 26.

Flexport Inc. executives Teresa Carlson and Darcie Henry are leaving the company, both hired during the tenure of CEO Dave Clark, who unexpectedly departed on Sept. 6.

OMAHA, Neb. — Companies that have plants served by only one railroad may soon be able to get a bid from another railroad if their service is bad enough under a new rule that was proposed Sept. 7.

President Joe Biden will nominate Michael Whitaker to lead the Federal Aviation Administration after his first choice withdrew in March after facing opposition from Republican senators.

Trucking industry experts are expecting a modest peak shipping season due to freight demand and inventory trends as consumer preferences have shifted back to services from goods.

Flexport CEO Dave Clark is abruptly leaving the startup after a year, making way for the return of founder Ryan Petersen and highlighting pressure on startups in the logistics industry.

Secretary of Commerce Gina Raimondo has announced a $4 million economic development grant to New York’s Port of Oswego to buy new cargo-handling equipment and improve rail infrastructure.

Florida state legislators have given Jacksonville Port Authority officials a $30 million check to purchase two new ship-to-shore container cranes for the Blount Island Marine Terminal.

TFI International Inc. acquired tank transport specialist Vedder Transportation Group, the company said, in what was its ninth acquisition so far in 2023.

The dawn of artificial intelligence tools like ChatGPT may revolutionize the way data can be used to ferret out risks and opportunities in the $32 trillion global trading system.