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UPS in Talks With Startup Figure AI to Use Humanoid Robots

UPS Inc. is in talks with robotics startup Figure AI to use humanoid robots for some tasks in the logistics giant鈥檚 network, according to people familiar with the matter.

April 28, 2025

Hydrogen Maker Plug Power Makes $525 Million Debt Deal

Plug Power announced a $525 million secured debt facility, and said it completed construction of a hydrogen production plant in Louisiana.

April 28, 2025

Trump鈥檚 Tariffs Set to Unleash Supply Chain Jolt on Economy

Since the U.S. raised levies on China to 145% in early April, cargo shipments have plummeted. That drastic reduction in goods hasn鈥檛 been felt by many Americans yet, but that鈥檚 about to change.

April 28, 2025

Trump Insists Plan for Higher Tariffs Will Move Ahead

President Donald Trump suggested another delay to his higher so-called 鈥渞eciprocal鈥 tariffs was unlikely, raising pressure on nations to negotiate trade deals with his administration.

April 25, 2025

AIT Acquires Miami-Based Forwarder Gsdmia

AIT Worldwide Logistics has finalized an agreement to purchase the assets of Miami-based international freight forwarder Gsdmia.

April 25, 2025

Auto Carrier Could Take $70 Million Hit From US Port Fees

Hoegh Autoliners ASA, an Oslo, Norway-based car carrier, said that a plan to impose fees on foreign ships calling at U.S. ports could cost the company as much as $70 million.

April 25, 2025

Low-Income Earners Face Sharpest Impact From Tariffs

While prices will rise for everyone, lower-income families are expected to lose a larger portion of their budgets because they tend to spend more of their earnings on goods.

April 25, 2025

Knight-Swift Posts Q1 Profit as LTL Revenue Soars

Knight-Swift Transportation returned to the black in the first quarter of 2025 on the back of a jump in less-than-truckload revenue.

April 24, 2025

Lawmaker Asks DOT to Reverse Obama-Era English Proficiency Memo

A federal lawmaker from Wyoming is asking USDOT to require that CMV drivers who cannot demonstrate proficiency with speaking and reading English be taken out of service during inspections.

April 24, 2025