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FedEx, Pilots Set Tentative Contract After 5 Years of Talks

FedEx pilots reached a tentative labor agreement with the parcel company, marking a significant step toward resolving nearly five years of negotiations.

April 8, 2026

Project44 Expands AI Strategy With LunaPath.ai Acquisition

Project44 deepened its AI strategy by acquiring LunaPath, bringing execution-focused agent orchestration in-house to improve supply chain outcomes.

April 9, 2026

Transport Fuel Costs Could Test M&A, Investment Bank Says

Companies across the transportation, logistics and industrial sectors are still succeeding in passing higher fuel and input costs on to customers — for now.

April 8, 2026

War Risk Rates Dip as Shipowners Eye Hormuz Passage

Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the U.S.-Iran ceasefire deal.

April 8, 2026

KTG Acquires Fellow Canadian Carrier Sharp Transport

Canada-based carrier Kriska Transportation Group has acquired temperature-controlled trucking company Sharp Transportation Systems.

April 8, 2026

Christmas Comes Early — but Not in a Good Way — for Toymaker

Surging prices for plastic caused by disruptions from the Iran war have pushed one U.S. toymaker to buy up more inventory than needed.

April 8, 2026

Hyundai Turns to Cape of Good Hope to Avoid Strait of Hormuz

Hyundai is rerouting ships around Africa to avoid the Strait of Hormuz, slowing the automaker’s global supply lines.

April 8, 2026

Top Aluminum Makers Hike US Surcharge as War Disrupts Supply

Rio Tinto and Century Aluminum raised the premium on aluminum blocks known as billets by about 3 cents a pound, or $110 a ton, above prewar levels.

April 8, 2026

FedEx Freight Unit Projects 10% Profit Growth After Spinoff

FedEx has said it’s separating the freight and parcel operations to better focus on each business.

April 8, 2026

Exxon Lost 6% of Its Global Output as War Upended Mideast

Exxon, which also said first-quarter earnings from its energy-products division would be lower, is among the first of the supermajors to disclose the war’s impact.

April 8, 2026