The UPS pilots’ union is helping members and families of the victims cope with last week’s tragic plane crash.
A 90-day pause in tariffs on goods from China is causing a surge in imports at US ports this summer, primarily driven by retailers restocking for back-to-school and holiday seasons. Import volumes had ...
The FAA temporarily grounded all MD-11 freighter aircraft for inspections following a fatal crash of a UPS MD-11 in Louisville, Kentucky. The grounding was prompted by an incident where the left-wing ...
A federal bankruptcy court has approved the sale of six of defunct Yellow Corp.'s terminals for $10.2 million, with ArcBest and real estate investors among the buyers. The estate has so far sold ...
Sang H. Yi appointed acting head of the Maritime Administration (MARAD). Yi has a background in Congress, intelligence, and the U.S. Merchant Marine Academy. MARAD's responsibilities include managing ...
Genesis Network Telecom (GNET), a Texas-based factoring company, filed for bankruptcy liquidation. GNET lists assets up to $50,000 and liabilities between $100 million and $500 million, with no funds ...
Air Lease Corp. canceled its order for seven Airbus A350 freighter jets due to development delays and rising tariffs. The cancellation frees up over $1 billion in capital for Air Lease Corp. to invest ...
European postal operators are alerting businesses and individuals that end of the U.S. de minimis exemption on small-dollar shipments from all countries, which currently can be imported duty-free, has ...
LTI Trucking Services, an Illinois-based trucking company, has ceased operations. Approximately 250 drivers were notified of the immediate closure via a company-wide message. The company, operating ...
Tensions in the South China Sea are escalating, potentially leading to a war involving the U.S., due to China's increasing assertiveness and territorial claims. The South China Sea is crucial for ...
TQL, the second-largest freight brokerage in the US, terminated hundreds of employees in mid-March, with claims ranging from 300 to 700, allegedly due to insufficient technological capacity for remote ...
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