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Amazon’s Jassy: AI Will Reduce Company’s Corporate Workforce

Amazon.com CEO Andy Jassy says he expects the company’s workforce to decline in the next few years as the retail and cloud-computing giant uses artificial intelligence to handle more tasks.

June 17, 2025
GovernmentBusinessFuel

Fuel Tanker Rates Soar Over Israel-Iran Conflict

The cost of hauling refined oil out of the Middle East surged on June 17 as shippers reacted to the conflict between Israel and Iran.

June 17, 2025
GovernmentBusinessFuel

Diesel Prices Surge as Israel-Iran War Pressures Market

Diesel prices kept rising on June 17 as concerns about Middle Eastern supplies — a consequence of the Israel-Iran conflict — piled pressure on an already tight market.

June 17, 2025
BusinessLogisticsAutonomous

FedEx Freight Opens Indianapolis-Area LTL Terminal

FedEx Freight opened a service center in Greenwood, Ind., at the end of May, the carrier said. FedEx’s less-than-truckload division now has 323 terminals nationwide.

June 17, 2025
GovernmentFuel

Diesel Price Rises 10¢ to $3.571 a Gallon

The national price of diesel climbed a dime to $3.571 a gallon, according to U.S. Energy Information Administration data released June 17.

June 17, 2025
BusinessEquipment

Medium-Duty Truck Sales Fall for 9th Time in 12 Months

U.S. medium-duty truck sales fell below prior-year levels again in May, marking the ninth time in 12 months that sales have declined year over year, according to data from Wards Intelligence.

June 17, 2025
GovernmentBusiness

Retail Sales Fall 0.9% in May as Americans Turn Cautious

Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports.

June 17, 2025
BusinessTechnologyLogisticsPrivateGlobal Freight

Honda Debuts Four-Wheeled E-Bike for Last-Mile Delivery

Honda said June 17 it plans to start small-scale production this year of an all-electric quadricycle, called the FastPort eQuad, for last-mile delivery in North America and Europe.

June 17, 2025
GovernmentBusiness

Carney Says Canada, US Targeting Trade Deal Within 30 Days

Prime Minister Mark Carney said Canada and the U.S. are aiming to strike a trade deal within a month, a goal set during a meeting with President Donald Trump at the Group of Seven summit.

June 17, 2025
GovernmentBusiness

UK's Starmer, Trump Agree to Implement Tariff-Cutting Deal

United Kingdom Prime Minister Keir Starmer and U.S. President Donald Trump agreed June 16 to implement a trade deal announced last month, with one notable exception.

June 16, 2025

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