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UPS to Sell Coyote Logistics to RXO

UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.

June 24, 2024

Thousands of Drivers File Arbitration Claims Against Amazon

NEW YORK — Thousands of delivery drivers filed legal claims against Amazon on June 11, alleging the company’s classification of them as independent contractors has led to unpaid wages.

June 11, 2024

Dockworkers at Ports From Boston to Houston Halt Labor Talks

The union representing dockworkers at East and Gulf Coast container ports has suspended labor contract negotiations set for June 11, citing a dispute over automation.

June 11, 2024

Maersk Raises Profit Outlook

A.P. Moller-Maersk, a bellwether for global trade, said the world’s supply lines are more impacted than previously expected by the ripple effects coming from the congestion in the Red Sea.

June 4, 2024

Ships Diverted From Red Sea Send Ripple Effects Across Globe

Nearly six months into the Houthis’ relentless campaign to protest Israel’s war in Gaza, the economic fallout is widening.

June 3, 2024

Amazon to Expand US Drone Service

Amazon.com’s Prime Air drone program has been cleared by regulators to fly devices beyond the visual line of sight of pilots, increasing range and giving more customers access to the service.

May 30, 2024

Some Shipping Container Costs Hit $10,000

Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates.

May 29, 2024

Trade Strains Boost Ocean Shipping Cargo Rates

Global goods trade is showing signs of accelerating after last year’s slump, pushing up shipping rates and giving some supply chain managers flashbacks to the demand spike three years ago.

May 28, 2024

Amazon Workers Say They Struggle to Afford Food, Rent

Five years after Amazon.com Inc. raised wages to $15 an hour, half of warehouse workers surveyed by researchers say they struggle to afford enough food or a place to live.

May 15, 2024