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US Postal Service Resumes Accepting Packages From China

The U.S. Postal Service on Feb. 5 said it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, hours after the agency announced a halt on some shipments.

February 5, 2025

UPS Posts 1.5% Revenue Growth; Shares Fall on Amazon Deal

UPS Inc. experienced revenue and earnings growth despite a tougher freight market in the fourth quarter of 2024, the parcel delivery company reported Jan. 30.

January 30, 2025

US, UK Ships Return to Red Sea on Houthis’ Vow to Hold Fire

British and American ships are tentatively returning to the Red Sea after Yemen’s Houthi rebels vowed to hold off attacks on vessels linked to both nations.

January 28, 2025

Whole Foods CEO Buechel Named Amazon’s Grocery Chief

Buechel, a former management consultant, joined Whole Foods in 2013, and led efforts to unify the formerly decentralized chain’s technology and record-keeping systems.

January 28, 2025

Amazon Layoffs Prompt Canada to Review Government Deals

Canada’s industry minister said Amazon’s decision to shut down all warehouses in Quebec and cut close to 2,000 jobs would prompt the government to examine its current deals with the company.

January 24, 2025

Amazon to Close All Warehouses in Quebec

Amazon.com Inc. will shut down all warehouses and lay off employees in the French-speaking Canadian province of Quebec.

January 22, 2025

Shipping Giant MSC Says It Will Avoid Red Sea for Now

Container liner Mediterranean Shipping Co. said it will continue to send its ships around Africa’s southern tip until further notice.

January 21, 2025

Maersk Cautious About Quick Return to Red Sea

A.P. Moller-Maersk expressed caution about any fast return to shipping through the Red Sea, after the Yemen-based Houthis signaled a pause in their attacks on commercial vessels.

January 17, 2025

Walgreens Shares Soar 28% After Sales Beat Forecasts

Revenue came to $39 billion for the fiscal quarter ended in November, driven by higher prices for branded drugs and prescription volumes at the company’s U.S. retail pharmacy division.

January 10, 2025