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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

Former Negotiator Says Time Favors Canada in USMCA Talks

Pressure on the U.S. economy is building, and Canada can likely get the best outcome in trade negotiations by waiting, according to a former Canadian negotiator.

April 8, 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 鈥 for now.

April 8, 2026

War Risk Rates Dip as Shipowners Eye Hormuz Passage

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

April 8, 2026

Short Squeeze Sends Avis Stock Up More Than 150%

Avis shares have surged more than 150% in a classic short squeeze as hedge funds boost stakes, pressuring short sellers and driving borrowing costs higher.

April 8, 2026

KTG Acquires Fellow Canadian Carrier Sharp Transport

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

April 8, 2026

Christmas Comes Early 鈥 but Not in a Good Way 鈥 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鈥檚 global supply lines.

April 8, 2026

US Charging Networks Race to Keep Up as Gas Prices Boost EVs

Some 605 public, high-speed EV fueling stations switched on in the first quarter, a 34% increase over the year-earlier period.

April 8, 2026

States Weigh Motor Fuel Tax Holidays as Pump Prices Surge

Legislators in several states are calling for measures to temporarily halt motor fuel taxes to alleviate the impact of rising prices at the pump for residents.

April 8, 2026