Walmart described the project as one of its next-generation fulfillment centers, which the retailer places in strategic markets to support same-day and next-day shipping across the U.S.
Tyson now sees annual adjusted operating income of $1.85 billion to $2.05 billion. That comes just one month after the company cut its outlook for the fiscal year.
New orders growth accelerated to the fastest pace since early 2023 while a measure of business activity was the strongest since 2022.
Less-than-truckload carrier Old Dominion Freight Line saw yield growth accelerate in August, but tonnage remained slightly negative, according to a Thursday update. The Thomasville, North Carolina-based company’s daily!-->…
The U.S. Department of Transportation has unveiled “America’s Great Corridors of Commerce,” a federal initiative designed to convert existing highway and railroad rights‑of‑way into shared corridors for electric transmission,!-->…
North American Class 8 truck orders remained elevated in August, with fleets continuing to secure equipment ahead of changing emissions requirements even as the industry prepares for a new model-year ordering cycle. FTR!-->…
The hostilities have underscored Iran’s continued ability to choke a crucial maritime artery. The Hormuz strait handled a fifth of oil and LNG flows before the war.
The Baltic Dry Index rose 5.5% to 3,331 points, touching the highest since December 2023, driven by a rise in the constituent Capesize rate that surged over 8%.
The gap in goods and services trade grew 24.4% from the prior month to $88.6 billion. The value of imports increased 2.8% and exports fell 2.1%.
Brent crude, the international standard, climbed 1.8% to $97.33 per barrel. Benchmark U.S. crude rose 2.1% to $92.92 a barrel.
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