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Lowe’s has agreed to buy an interior services provider for around $1.3 billion, the retailer’s latest effort to expand its footprint with professional contractors amid a soft housing market.

While some segments of the logistics market saw expansion, such as dedicated carriage and freight forwarding, others faced slower growth, including freight brokerage and warehousing.

After a year of modest growth in 2024, third-party logistics providers are facing uncertainty for the future with volatile economic conditions expected to persist.

Logistics companies are prioritizing flexibility and resilience at a time when global trade patterns are shifting and the next supply chain disruption may be right around the corner.

Increasingly in fleet maintenance, artificial intelligence has been used to guide technicians on repairs and diagnose problems proactively.

Walmart de Mexico SAB (Walmex), the local unit of the U.S. retail giant, plans to invest $6 billion this year in its Mexico operations to add more locations and robotic logistics hubs.

JBS SA, the world’s largest meatpacker, posted earnings that beat expectations as strong demand for chicken and pork helped offset pressure in its U.S. beef business.

FedEx Corp. continued efforts to improve profitability during its fiscal third quarter despite navigating an especially challenging operating environment, the company said.

QXO has agreed to acquire Beacon Roofing Supply in a deal that values the distributor of roofing, waterproofing and exterior products at about $11 billion, including debt.