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Verdi, Germany’s most powerful labor union, is making the unusual move of backing a private equity firm’s bid for Deutsche Bahn’s planned $15.5 billion sale of its Schenker logistics arm.

The U.S. Postal Service wants to save $3 billion annually on changes that reflect its greater reliance on streamlined regional networks.

Tyson Foods said Curt Calaway has been named chief financial officer, replacing company heir John R. Tyson.

Motion Industries, a provider of vehicle maintenance, repair and parts, will open a new service center in Houston in September.

HARRISBURG, Pa. — Nippon Steel Corp. raised its capital commitment Aug. 29 by more than $1 billion to spend on U.S. Steel’s plants.

The NMFC system defines standard freight classes for carriers to measure the "transportability" of goods. It sorts freight into several categories, which are continuously amended by the National Motor Freight Traffic Association, Inc. (NMFTA).

STEELE, N.D. — Strong winds knocked nearly four dozen train cars off a track in North Dakota, part of a storm system that spurred reports of five tornadoes across the Dakotas.

General Motors Co. is bringing its BrightDrop electric commercial vans under the Chevrolet brand in an effort to expand sales beyond delivery companies.

Canadian railway operations have resumed after a brief work stoppage, following government intervention in an ongoing labor dispute.