91ÊÓƵ

FedEx Corp. rode increased prices to post profit above analysts’ estimates, bolstering the company’s outlook and easing investor concerns over higher labor U.S. costs. The shares rose in late trading.

Atlantic and Pacific ports in November continued their record-setting pace as imports continue to flood into the country during the peak of the holiday shopping season.

FedEx Corp. began operations Dec. 15 at its substantially bigger air cargo hub at Miami International Airport. The $72 million addition, two years under development and roughly the size of two football fields, doubles the hub’s size to 282,000 square feet.

2021 was an especially busy year for trucking in terms of acquisitions, with various factors creating an ideal market for buyers and sellers.

The shortage of professional drivers quickly became the defining issue for the industry during the past year with its far-reaching effects.

Container traffic at the Port of Oakland is starting to pick up again amid the supply chain chaos. Cargo imports handled by the Port of Oakland increased 6.5% in November from a year earlier, the hub said in an emailed statement Dec. 15.

To continue its push to alleviate freight bottlenecks nationwide, the U.S. Department of Transportation announced a series of grants for commercial maritime operations and freight hubs along key parts of the supply chain.

Asset-tracking provider SkyBitz has introduced a new management portal for its SmartTank wireless tank monitoring system.

Freight brokers are on the front lines of the trucking industry. They act as an intermediary between shippers and carriers, which is not an easy job.

Dec. 15 is the last day for ground delivery by Christmas with FedEx and USPS, while UPS recommends using its website to get an estimate. Here are other holiday shipping deadlines for the three major carriers.