Newark, March 27, 2023 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 390.5 million air freight unit load device market will reach USD 692.7 million by 2032. A Unit Load Device is a ...

UPS said it is selling its freight unit for $800 million to Canadian trucking company TFI International Inc. as part of its “better not bigger” strategy. UPS Freight, which trucks bulk shipments from ...

The Securities and Exchange Commission (SEC) recently announced that United Parcel Service Inc. (UPS) has agreed to pay a $45 million penalty for materially misrepresenting its earnings by improperly ...

FedEx Corp.’s freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks. The ...

[Stay on top of transportation news: Get TTNews in your inbox.] UPS Inc. said some of the Teamsters’ union’s locals are using a “campaign of deception” in an attempt to organize the company’s ...

UPS will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange Commission announced Friday. The regulator agency said that UPS materially ...

Uber Technologies Inc. is considering selling its freight logistics unit as a separate publicly traded firm and is already discussing with potential advisers regarding its options. This is an effort ...

Hyundai Glovis, a logistics company headquartered in Seoul and part of the Hyundai Kia Automotive Group, has secured 1.42 trillion won (US$1.3 billion) in orders to ship vehicles, said a report in RTT ...