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USPS to Cut $5 Billion in Spending to 'Avoid Running Out of Cash'

The courier aims to cut costs via regionalized transportation, more in-house distribution, fewer work hours and more sorting centers. ....

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Forward Air, Omni Logistics See 'Writing on the Wall,' Amend Merger

Both logistics companies have agreed to settle their litigation against one another, targeting to complete their merger by Friday. ....

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The Red Sea crisis is rekindling memories of the Ukraine War—but this time could be different

When it comes to longer term economic impacts of the Red Sea crisis: The "most honest answer" experts can give is "I have no idea” at this point, Unlimited's Elliott said. ....

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GXO's New Acquisition Expands North American Presence

The contract logistics provider acquired e-commerce order fulfillment platform PFSweb for about $181 million. ....

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Yellow Terminals Draw $1.3 Billion Bid

The terminals would be among Yellow’s most valuable assets, "but I question whether Estes really needs them," one expert says. ....

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