FedEx has trailed UPS on profit margins even though its larger rival has a unionized workforce and pays its drivers more.

Shippers looking to lead the transition to electrification can begin investing in the required assets and infrastructure today.

A.I.-driven technology can help keep drivers and passengers safe by not only detecting distracted driving, but also identifying other potentially risky behaviors.

The announcement comes a month after Hyundai announced that it would build an EV battery factory with SK On, another South Korean battery maker.

Carbon-credit markets have emerged among the main tools used to fight global warming, but the details need adjusting for the impact of supply and demand.

The Teamsters said they would refuse to negotiate until UPS signed regional supplement contracts with the union. But, to date, two regional supplemental agreements remain unresolved.

Adjusted for inflation, the average pay for a truck driver in the U.S. in 1980 was about $110,000 annually, compared with about $48,000 in 2023.

Founded in Shunde of Guangdong province in 1993, SF Express covers almost all of China, while its international express business covers 98 countries.

The digital-focused operator is buying Shopify’s logistics business, including the Deliverr technology platform and dozens of warehouses and sorting centers.

Trucking companies and congressional critics argued the rules, estimated to cost about $2,500 to $8,300 per vehicle, were too expensive, and came amid driver shortages and supply-chain woes.