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The U.S. trade deficit shrunk in April by the most on record in dollar terms, reflecting a drop in the value of imports amid COVID lockdowns in China while exports climbed.

The Logistics Managers Index dropped to 67.1 in May, the second straight decline from a record of 76.2 reached in March.

XPO Logistics Inc. has filed a confidential Form 10 registration statement with the U.S. Securities and Exchange Commission for the planned spinoff of its tech-enabled brokered transportation platform, the company announced.

The immediate future of the global supply chain rests on a bargaining table in San Francisco, where the union representing all West Coast dockworkers is hashing out a new contract with the assembled bosses of maritime shipping.

CSX Corp. is turning away freight from customers, ceding cargo business to truckers, as the railroad struggles to hire workers, CEO Jim Foote said.

Trade disruptions from China’s lockdowns and the war in Ukraine are seen doing for Southeast Asia what the U.S.’s spat with Beijing couldn’t meaningfully do — redistribute supply chains.

Truck drivers are increasingly more interested in switching carriers, with 37.4% saying they are looking for a new job, according to a survey released May 31.

President Joe Biden’s recent interstate designation of a New Mexico-to-Texas freight corridor will give truckers a less congested route for future U.S. trade with Mexico and Canada.

LONG BEACH, Calif. — San Pedro Bay ports charge $10 per container for transport that isn’t by a zero-emission truck, but an environmental group wants to combine a higher fee with incentives to accelerate adoption of cleaner trucks.

The Biden administration on June 1 will announce $2.1 billion in new funding to bolster food supply chains, including initiatives to expand small- and midsized processing plants, according to a U.S. Department of Agriculture official.