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RXO Sees 70% Q4 Revenue Growth, Boosted by Coyote Deal

But the Charlotte, N.C.-based asset-light transportation provider posted a net loss of $20 million, or negative 12 cents a diluted share, for the three months ending Dec. 31.

February 5, 2025

Manufacturers Scramble Under Trump’s Looming Tariffs

Over a frantic 72 hours, President Donald Trump’s threat of punishing new tariffs on Canada, Mexico and China sent stocks and currencies tumbling and shock waves through world trade.

February 5, 2025

US Postal Service Resumes Accepting Packages From China

The U.S. Postal Service on Feb. 5 said it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, hours after the agency announced a halt on some shipments.

February 5, 2025

Designs Unveiled for Replacement of Baltimore's Key Bridge

SPARROWS POINT, Md. — Almost a year after the deadly collapse of Baltimore’s Francis Scott Key Bridge, Maryland officials on Feb. 4 unveiled their designs for its replacement.

February 4, 2025

Marten Transport Q4 Profit Halves on Freight Market Weakness

Profit at Marten Transport more than halved in the fourth quarter of 2024 as ongoing weakness in the freight environment hurt revenue and margins.

February 4, 2025

Agile Cold Storage Breaks Ground on Dallas-Area Warehouse

The 122,949-square-foot, multi-temperature facility is expected to open by the end of this year following a Jan. 23 groundbreaking ceremony.

February 4, 2025

Transportation Lawmakers Take Aim at Moving Industry Scams

“We cannot allow bad actors in the shipping and moving industry to violate consumer trust and harm our nation’s supply chain," said Sen. Deb Fischer, the bill's co-lead sponsor in the Senate.

February 4, 2025

Panama Considers Canceling Port Deal With Hong Kong Firm

Panama is weighing whether to cancel its contract with the Hong Kong-based company that operates ports near the Panama Canal, according to people with knowledge of the situation.

February 4, 2025

Amazon to Face Legal Action After Layoffs in Quebec

Amazon.com Inc.’s decision to close all seven of its warehouses in the Canadian province of Quebec and terminate more than 1,900 workers is prompting legal action from the affected union.

February 4, 2025

Pacific Coast Highway Reopens Nearly a Month After Wildfires

LOS ANGELES — The Pacific Coast Highway reopened Feb. 3, nearly a month after it was closed when flames from the deadly Palisades Fire ripped through hillside Los Angeles neighborhoods.

February 3, 2025