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A global shortage of shipping containers that has sent ocean freight rates skyrocketing shows signs of easing, according to an index that tracks the steel boxes used to transport 90% of the global trade in goods.

TFI International Inc. is acquiring UPS Freight in an $800 million deal announced Jan. 25.

A so-called spotter who participated in at least two staged accidents against trucks in the New Orleans area has been sentenced to 21 months in prison for his part in the wire fraud conspiracy.

Elon Musk recently moved to Texas, where he launches some of his rockets and is building a battery factory. Now, for good measure, he plans to drill for natural gas in the state.

The online shopping trend hastened by the COVID-19 pandemic may signal a new normal for purchasing habits and shipping services, according to Adam Colon, director of operations at J.B. Hunt Transport Services Inc.

President Joe Biden’s pick to lead the U.S. Department of Commerce is scheduled to defend her nomination before a Senate panel Jan. 26.

One of AP Moller-Maersk’s containerships carrying goods from China to the U.S. lost part of its cargo in the Pacific Ocean during bad weather.

Until June last year, Tesla Inc. was the only dedicated electric carmaker based in the U.S. on the stock market. Then special purpose acquisition companies took over Wall Street.

The Oregon Department of Transportation is in the process of determining whether interested Portland-area drivers are eligible to participate in a road usage pilot program.

Tesla Inc. has taken a misguided approach to developing fully autonomous cars and its “full self-driving” system will fail to live up to its billing, the head of Alphabet Inc.’s Waymo told a German business magazine.