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Full Truck Alliance Co., an Uber-like trucking startup, has raised $1.6 billion after pricing its U.S. initial public offering at the top of a marketed range, in one of the biggest listings stateside by a Chinese company this year.

Amazon .com Inc. could be forced to sell its valuable logistics services division — the network of warehouses and delivery hubs around the country that power quick delivery of online orders — under antitrust legislation proposed by a congresswoman from Amazon’s hometown of Seattle, according to a spokesman for the lawmaker.

Lineage Logistics, a global temperature-controlled industrial real estate investment trust (REIT) and logistics provider, announced its intention to acquire the cold storage division of Danish company Claus Sorensen Group.

STATEN ISLAND, N.Y. — FedEx Corp. announced June 15 that it has partnered with Nuro, one of the nation’s leading autonomous vehicle companies, to test the use of driverless vehicles for multistop and appointment-based deliveries in Houston.

XPO Logistics' upcoming spinoff, GXO Logistics, has priced an offering of $800 million on investments notes with registration rights, the company announced June 17.

Summer means the start of hurricane season in the Atlantic Ocean and many of the world’s biggest transportation companies are taking steps to prepare for what some forecasters say could once again be above-average activity along the Atlantic Coast and the Gulf of Mexico.

The man behind the only electric plane cleared to fly quickly discovered the challenges of converting world-leading technology into profits in a hotly contested, futuristic segment of aviation.

The moving industry is facing mammoth labor and truck driver shortages during the peak military moving season and an explosion of moving demands in the commercial market, possibly delaying unscheduled summer moves until August or September, according to American Trucking Associations' Moving and Storage Conference.

Congestion and delays in the supply chain continue to be a major headache for the nation’s retailers and now the National Retail Federation has asked President Joe Biden for a face-to-face meeting to discuss what can be done to improve the long delays.

Trade organizations representing motor carriers and independent owner-operators alike say they strongly oppose a new California law that aims to reclassify large numbers of independent contractors as company employees, according to new documents filed in a recent appellate court challenge to the law.