Industry News

The U.S.-Mexico-Canada Agreement entered into force Wednesday morning after three years of trilateral negotiations, trade disputes and amendments by the U.S. Congress. While the agreement has been hailed for raising standards for and increasing…

Peak surcharges are “the new normal” for FedEx as the carrier has no expectation that e-commerce volume will slow down, FedEx Chief Marketing and Communications Officer Brie Carere told analysts…

Businesses closed their doors and people sheltered at home this spring as the COVID-19 pandemic claimed lives and crippled the U.S. economy, but through it all, the commercial trucks that…

Nike adjusted its inventory buying plans and canceled roughly 30% (on a unit basis) of pre-pandemic factory purchase orders for the fall and holiday seasons, the company’s CFO Matt Friend said on its…

A lot of retailers had no choice but to pause returns at brick-and-mortar locations during state-mandated COVID-19 shutdowns. But now that those same states are opening up, what will happen…

The total business inventories-to-sales ratio shot up to 1.67 in April, the highest the measure has been since 1992, according to the Census Bureau’s monthly inventory and sales report released last…

As states and localities ease shopping restrictions, and as the Fourth of July approaches, demand for dry van capacity has stimulated the spot truckload market for the week ending June…

Technology has shaped how trucking companies have navigated through the coronavirus pandemic while setting the resulting economic slowdown apart from past ones.   “When you think about it from a…

U.S. shoppers opened their pocketbooks at malls and auto dealerships in May as states eased restrictions to contain the novel coronavirus, boosting retail spending and adding another sign the economy…

The shift from brick-and-mortar to e-commerce operations is expected to intensify as a result of the coronavirus pandemic, which will likely cause greater investment in warehouse space because e-commerce requires…