Uber Technologies Inc. is set to launch driverless robotaxi rides in Houston starting mid-2027, using autonomous vehicles developed by Lucid Group Inc. and Nuro Inc. The move marks Uber’s latest push to compete directly with Alphabet Inc.’s Waymo in the…
The freight market downturn has officially ended after the longest slump in memory, but the recovery is uneven and fractured, reshaping the truckload sector into a patchwork of regional pricing and capacity disparities, according to the 2026 State of Logistics…
The United States and Iran are set to sign an interim agreement in Switzerland on June 19, 2026, aimed at ending hostilities and reopening the Strait of Hormuz, a critical chokepoint for global oil and natural gas shipments. According to…
Dubai-based logistics giant DP World has entered exclusive negotiations to lease and develop a new container terminal at the Port of Corpus Christi in Texas, marking its first potential return to U.S. port operations in 20 years. The company last…
Oil prices have steadied as Brent crude, the international standard, edged less than 1% higher to $79.43 per barrel after falling more than 5% on June 16. The price stability comes amid optimism that Iran will quickly open the Strait…
Amazon is facing a potential lawsuit from the Federal Trade Commission (FTC) that could result in billions of dollars in civil penalties. The FTC is investigating Amazon’s advertising business, which generated $68.6 billion in revenue last year, over claims that…
A 25-year-old Connecticut man is set to be sentenced on September 4 after pleading guilty to defrauding Amazon Logistics of more than $3.5 million through a sophisticated scheme involving fake trailer movements. Ameer Nasir of Trumbull, Connecticut, admitted to submitting…
Freight market recovery is intensifying pressure on trucking fleets as driver turnover risks surge, according to the Spring 2026 Truck Driver Survey. The survey, conducted by Conversion Interactive Agency and People. Data. Analytics., found that 58.1% of truck drivers are…
Werner Enterprises executives have reported that dedicated truckload contract rates are increasing, following earlier gains in spot and one-way contract markets. The company’s Chief Financial Officer, Chris Wikoff, stated that rate strength is beginning to show up more clearly in…
U.S. import prices surged 1.9% in May, matching April’s gain, driven by soaring costs for plastics, air travel, and computer equipment, the Bureau of Labor Statistics reported June 16. The annual increase hit 6.7%, the steepest rise in nearly four…