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Universal Logistics Holdings experienced a 19% year-over-year increase in revenue but a slight dip in net income for the fourth quarter of 2024, the company reported Feb. 6.

Amazon on Feb. 6 reported better-than-expected revenue and profit for the holiday shopping period, but its share price dipped in after-hours trading due to disappointing guidance for Q1.

The transportation sector saw merger and acquisition activity gain momentum as market conditions stabilized in the second half of 2024, according to experts.

Purolator, which specializes in package delivery and is majority owned by Canada Post, sees the deal as an international growth play, particularly as the threat of trade wars grows.

U.S. aviation safety regulators are slowing the rate of arrivals at Ronald Reagan airport to help ease the strain on air traffic controllers after last week's deadly midair collision.

Panama President Jose Raul Mulino denied that his government had granted free passage for U.S. government ships through the Panama Canal.

The Promoting Resilient Supply Chains Act, reintroduced by Sens. Maria Cantwell (D-Wash.) and Marsha Blackburn (R-Tenn.), gained bipartisan approval from the Commerce Committee.

The Greenwich, Conn.-based less-than-truckload carrier posted net income of $76 million, compared with $58 million during the same time the previous year.

Substantial change is expected in the U.S. less-than-truckload sector in 2025, according to market observers and executives, headed by the long-awaited freight market turnaround.

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.