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FedEx Freight said it delayed enforcing the NMFC changes "to help our customers adapt and ensure a smooth transition to the new, streamlined NMFC classes."
U.S. consumers already spent聽$11.8 billion online for Black Friday, $6.4 billion on Thanksgiving Day and another $11.8 billion over the weekend 鈥 exceeding forecasts by Adobe Analytics.
The data for airfreight and container shipping 鈥渃ontinue to signal expansion,鈥 even as they weakened from June, 鈥渋ndicating a cooling-off in the transportation of goods worldwide,鈥 WTO said.
OPEC+ also approved a mechanism for its review of members鈥 individual production capacities, a sensitive process that will help set quotas in 2027.聽
FedEx plans to cut hundreds of jobs in Texas after a third-party logistics customer opted to move its business to a new location and a different company.
The future of parent company聽Bollinger Innovations 鈥 previously known as聽Mullen Automotive and formally headquartered in聽Southern California聽鈥 remains unclear.
Proterra Upbeat on Battery-Electric Demand Prospects
Proterra debuted its upgraded battery pack, the H2-23, in April, specifically targeting it for the Class 8 truck market and other demanding commercial applications.
Gasoline Prices Fall to 4-Year Low on Cheap Oil, Flat Demand
Gasoline prices across the U.S. on Dec. 1 averaged $3 a gallon, according to American Automobile Association data. That's聽well above President Donald Trump鈥檚 pledge to bring the price below $2.
Rivian CEO RJ Scaringe Bets Big on EV's Future
Initial manufacturing of the R2 two-row crossover will start in聽Illinois, but production will expand to Rivian's future factory in Georgia in 2028.聽
Iconic Illinois Foundry Reopens Focused Just on Brake Drums
The foundry achieved a first Nov. 20, pouring its first iron as a stand-alone commercial vehicle brake drum manufacturing plant. Brake drums were soon rolling off the production line.
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Global freight flows have entered a period of transformation as the U.S.-led trade war and other policy changes have upended the business landscape for international shipping.
The largest private carriers in North America have navigated volatile markets and shifting freight patterns this year as tariffs and trade deals shake up international supply chains.
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Key data on revenue and freight assets for the 50 largest global freight companies.
Retail giant Walmart retains the top position on this 2025 list of the largest private carriers in North America, ranked by number of tractors in operation.
Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry.
A unique ranking of the third-party logistics companies in North America includes listings of the largest freight brokerage firms, freight forwarders, warehouse operators and dedicated contract carriage service providers.
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U.S. President Donald Trump said he urged Chinese President Xi Jinping to increase the speed and size of agricultural purchases and said Beijing had 鈥渕ore or less agreed鈥 to do so.
The tractor was unveiled as the brand鈥檚 new flagship on-highway tractor in April in Brooklyn, N.Y., near where the company was founded 125 years earlier by Jack and Gus Mack.
The grounding of the workhorse freighter plane involved in a deadly crash in Kentucky may drag on for an 鈥渦ndeterminable period,鈥 creating havoc for UPS, FedEx and a Florida-based carrier.
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