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The Promoting Resilient Supply Chains Act, reintroduced by Sens. Maria Cantwell (D-Wash.) and Marsha Blackburn (R-Tenn.), gained bipartisan approval from the Commerce Committee.

Beacon Roofing Supply has officially rejected a hostile takeover approach from QXO, setting the stage for a potentially protracted battle for control of the building supplies provider.

The Greenwich, Conn.-based less-than-truckload carrier posted net income of $76 million, compared with $58 million during the same time the previous year.

Substantial change is expected in the U.S. less-than-truckload sector in 2025, according to market observers and executives, headed by the long-awaited freight market turnaround.

There is strong nationwide support among Canadians for putting export taxes on oil shipments if needed to retaliate against U.S. President Donald Trump’s tariffs, a new poll suggests.

Chinese retailers that sell on Shein and Temu have been asked by logistics agents to start paying an additional 30% levy after President Donald Trump hiked tariffs on goods imported to the U.S. 

Agricultural commodities trader Cargill is boosting its renewable fuels and sugar operation in Brazil after a period of shrinking earnings as the price of corn and soybeans tumbled.

Ford warned that profit may fall by $2 billion or more in 2025 on lower vehicle prices and costly new-model launches, adding to risks posed by potential new tariffs and dimming demand for plug-in cars.

Nissan Motor Co. is seeking a new partner as it prepares to end negotiations to form a joint holding company with Honda Motor Co., people familiar with the matter said.

The panel with jurisdiction over freight policy voted 16-12 to report Howard Lutnick’s nomination to the full Senate. Sen. John Fetterman (D-Pa.) joined Republicans in support.