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Uber Technologies Inc.’s freight business will acquire logistics technology firm Transplace from TPG Capital for $2.25 billion, the company announced July 22.

Lumber futures rose the most in more than a year on concern that wildfires in western Canada will reduce supply and spur more curtailments at sawmills.

To promote efficiency across the country’s supply chain, Commerce Committee Chairwoman Maria Cantwell recently pressed colleagues to advance legislation meant to enhance the flow of freight.

More than six months into the economic recovery, the nation’s ports on the Pacific and Atlantic coasts continue to see record or near-record cargo loads, and port officials and economists forecast the substantial numbers likely will continue well into 2022.

Surging e-commerce is generating more package deliveries than giant couriers can handle, clogging retailers’ logistical pipelines and frustrating consumers. But the logjam is spawning startups with new ways of speeding deliveries.

J.B. Hunt Transport Services Inc. reported gains in profit and revenue for the second quarter of 2021.

The head of one of the largest U.S. gateways for trade said robust demand for imported goods likely will be sustained into 2022 as companies scramble to rebuild stockpiles during an uneven rebound from the pandemic.

Uber Technologies Inc. is accelerating its Uber Eats on-demand grocery delivery service in the U.S., more than doubling the cities where it’s available and partnering with a major grocer as the pandemic-fueled delivery competition heats up.

In order to facilitate freight movement, Kentucky Gov. Andy Beshear announced $500,000 in grants to support critical repair and equipment replacement efforts at five river ports.

Kansas City Southern, the Class I freight railroad much sought-after by two Canadian rivals, reported a second-quarter loss stemming in part from costs related to its impending merger.