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UPS Plans 20,000 Job Cuts This Year in Pullback From Amazon

UPS expects to cut 20,000 jobs this year and close dozens of facilities as it dramatically reduces shipments for e-commerce giant Amazon.

April 29, 2025

FedEx Lowers Guidance, Citing ‘Very Challenging’ Market

FedEx is the latest U.S. company to sound the alarm over weakening consumer confidence and potential fallout from President Donald Trump’s escalating trade war.

March 20, 2025

Court Nixes Teamsters’ WARN Claims Against Yellow

Judge Craig Goldblatt on Feb. 26 found Yellow to be a “liquidating fiduciary,” rather than an employer, at the time it laid off unionized employees.

February 28, 2025

TFI Abandons Move to US After Shareholder Backlash

TFI International reversed its decision to move its legal headquarters to the U.S., saying it was backing down after shareholders expressed opposition to the idea.

February 25, 2025

TFI’s Decision to Relocate to US Sparks Controversy

Canadian trucking and logistics company TFI International Inc. said it will move its headquarters to the U.S., earning criticism from one of its largest shareholders.

February 20, 2025

Logistics Agents Put 30% Levy on Shein, Temu Retailers

Chinese retailers that sell on Shein and Temu have been asked by logistics agents to start paying an additional 30% levy after President Donald Trump hiked tariffs on goods imported to the U.S. 

February 6, 2025

Cyber Monday Shoppers Expected to Set a Record

Adobe Analytics expects consumers to spend a record $13.2 billion on Dec. 2, 6.1% more than last year. That would make it the season’s — and the year’s — biggest shopping day for e-commerce.

December 2, 2024

UPS Settles With SEC Over Freight Business Valuation

UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the carrier improperly valued its freight business in financial results reporting.

November 22, 2024

Pup Trailers Can Help Fleets Improve Efficiency, Lower Costs

Trucks pulling two 28-foot trailers, or “pups,” have become common in the LTL segment as large fleets utilize these vehicle combinations to increase flexibility in their delivery networks.

November 12, 2024