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The global trade finance gap rose 15% to $1.7 trillion in 2020 as COVID-19 sent shock waves through trade and supply chains, according to a survey conducted by the Asian Development Bank.

Loadsmart has announced changes to its executive leadership team as well as the opening of a new headquarters in Chicago.

A.P. Moller-Maersk A/S said it had to divert some ships from the U.K.’s largest container port because of congestion tied to a trucker shortage that’s clogging the flow of cargo boxes into and out of the country.

West Texas Intermediate crude closed above $80 a barrel for the first time since late 2014 as a growing power crisis from Europe to Asia boosts demand for oil ahead of winter.

XPO Logistics Inc. CIO Mario Harik will run the company’s less-than-truckload division in an acting capacity in the wake of the retirement of the LTL division president, Tony Brooks.

CFI is honoring professional driver Jon “Smitty” Smith for surpassing 5 million miles, the company announced last month.

Transfix announced that the winner of its “TransFIX My Rig” sweepstakes is professional driver Debbie Desiderato.

Elon Musk is pulling away from the rest of the world when it comes to personal wealth.

T.F. Boyle Transportation, a truckload carrier and provider of specialized transportation logistics, is being acquired by health care supply chain specialist Andlauer Healthcare Group Inc. in a deal valued at $80 million.

TravelCenters of America said Oct. 7 that it opened a new TA Express travel center in Almeda, Texas.