Customs checks at the border after the U.K. leaves the European Union could cost 1bn pounds ($1.3bn) a year and cause delays for goods being shipped in both directions, according to a report by Oxera, an economic consultancy.
Mexican trucking companies are urging lawmakers to stiffen penalties against cargo robberies, with a group representing motor carriers saying the escalation of crime this year has turned much of the country's highways into "no man's land."
United Parcel Service Inc. expects most retailers to agree to higher shipping prices during the weeks leading up to Christmas, which it says are necessary because of the glut of online orders.
The G20's Global Infrastructure Hub and Oxford Economics have released a report that finds that the world will need nearly $100tr in infrastructure investment by 2040. This equates to nearly $4tr every year - about the same amount as the GDP of Germany.
Jet.com Inc., the online retailer owned by Wal-Mart Stores Inc., and real-estate technology startup Latch are aiming to expand their reach by offering a free system to New York City landlords to potentially make shopping online easier for tenants in nondoorman buildings.
Unprecedented heat waves could ground nearly a third of flights during the hottest days, forcing carriers to jettison cargo in order to take off, according to a recent study.
In an update last week, Maersk Line gave more information into the causes and effects of the Petya cyberattack, which struck its core business IT systems on June 27. Its damage took Maersk weeks to fully repair.
CSX Corp. is telling some shippers to brace for growing pains, including additional days of transit times, as the railway implements Chief Executive Hunter Harrison's plan to tighten schedules.
The general public is well aware of the continuing development of autonomous vehicles - the media constantly provides stories on the advances of these self-driving cars, trucks and cabs. While not receiving the same media amount of coverage, the technology for autonomous ships is also rapidly developing.