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The rare structure — bonds that turn into equity in another company if the underlying stock exceeds a set price after a period — offered investors a compelling combination of attributes.

East and West coast economic development officials promoted trucking and multimodal logistics opportunities around the ports of Baltimore and Sacramento.

The New York State Thruway Authority is embarking on a $12.3 million project to rehabilitate a bridge built in 1953 over Interstate 90 that handles 25,000 vehicles daily.

The appointments will take effect after the separation of FedEx Freight from FedEx Corp., which the company expects to complete by June 2026.

The freight market experienced another monthly dip in tonnage due to choppy market conditions in April, American Trucking Associations reported.

Nearly 40% of truck drivers are misusing personal conveyance time, according to Commercial Vehicle Safety Alliance inspections.Ìý

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Inbound shipments to the Port of Los Angeles — the busiest container hub in the U.S. — dropped as much as 30% in early May as President Donald Trump’s tariffs discourage trade.

Kenan Advantage Group inked its third acquisition of 2025 on May 16 as KAG Canada bought liquid bulk carrier Fisher Transport for an undisclosed sum.

Shareholders in Brazil’s JBS, which has beef, chicken and pork operations stretching from Colorado to New Zealand, will meet on May 23 to vote on the plan to sell shares in New York.

Saddle Creek Logistics plans to lay off 54 employees at its facility in South Richmond, Va., as freight shipping worldwide slows down because of uncertainty over tariffs and the economy.