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Ryder System Inc. experienced a slight decline in year-over-year revenue amid market headwinds during the third quarter of 2023, the company reported Oct. 25.

Experts say technology goes beyond greater efficiency in freight transportation. Autonomous truck developers and their industry partners see opportunities for this technology to improve road safety and create more desirable jobs for drivers.

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The American Transportation Research Institute has initiated new research focused on female truck drivers and how more can be brought into the industry.

MINNEAPOLIS — A strike has shut down all shipping on the St. Lawrence Seaway, interrupting exports of grain and other goods from Canada and the U.S. via the Great Lakes to the rest of the world.

AURORA, Colo. — Ports and shippers are exploring ambitious port digitization and tracking system projects that allow stakeholders across the supply chain to track cargo in real time.

Newly elected Speaker of the House Mike Johnson and Senate Majority Leader Chuck Schumer directed their chambers to proceed with fiscal 2024 budget legislation.

UPS Inc. cut its annual profit target on a spike in costs from a new union labor contract and weaker package demand.

WASHINGTON — The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied rising interest rates to spend at a brisk pace.

DETROIT — The United Auto Workers union said Oct. 25 it has reached a tentative contract agreement with Ford that could be a breakthrough toward ending the nearly 6-week-old strikes.

Railway operator Canadian Pacific Kansas City Ltd. said a weakening economy and spate of labor disruptions weighed on freight volumes in the third quarter more than management anticipated.