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Jeff Bezos in recent months has met with large asset managers to raise money for the project, including during trips to the Middle East and Singapore.

Transtex acquired assets of trailer aerodynamics supplier FleetAero from Knight-Swift and has entered into a strategic partnership with the truckload carrier.

Amazon is moving up its annual Prime Day sale to June from July, according to sources, shifting the schedule for an event that’s become a big part of the e-commerce economy.

Sentiment among senior executives in the LTL space is positive in outlook, and underlying manufacturing data is supportive even as conditions remain challenging.

IMC Logistics will open a Toronto drayage facility, the carrier’s first expansion outside the U.S. The site is intended to boost IMC’s ability to support cross-border freight shipments.

Costco Wholesale's quarterly profit rose more than expected, showing the club chain is capitalizing on an extended period of sales growth. 

Amazon.com's website and mobile app malfunctioned for some users March 5, with critical features like product listings and checkout options producing error pages. 

The U.S. meatpacking industry faces a new wave of scrutiny, this time from Senate Democrats seeking to allow companies to process only one type of meat and set stricter limits on the beef market.

Thoma Bravo agreed to a deal to acquire third-party logistics provider WWEX Group — a TT Top 100 logistics company — and merge it with an existing portfolio company.

Shareholders including Blackstone, Carlyle Group, Hellman & Friedman and the Abu Dhabi Investment Authority are offering the shares, according to a filing the morning of March 3.