1+ hour, 14+ min ago  (247+ words) WASHINGTON " The American economy, slowed by last fall's 43-day government shutdown, grew at a sluggish 0. 5% annual pace from October through December, the Commerce Department reported April 9 in a downgrade of its previous estimate. U. S. gross domestic product " the nation's output of…...

1+ hour, 4+ min ago  (556+ words) Project44 advanced its strategy to incorporate artificial intelligence agents with orchestration capabilities by acquiring one of its vendors, Luna Path. ai, the company announced April 9. Luna Path is an AI-native logistics automation company specializing in orchestration- and execution-focused agents. The all-cash…...

16+ hour, 49+ min ago  (404+ words) Pressure on the U. S. economy is building, and Canada can likely get the best outcome in trade negotiations by waiting, according to the former Canadian negotiator who helped draft a new deal during President Donald Trump's first term." "Time is on…...

16+ hour, 34+ min ago  (227+ words) Fed Ex Corp. pilots reached a tentative labor agreement with the parcel company, marking a significant step toward resolving nearly five years of negotiations. The pact includes hourly pay increases of nearly 40% this year followed by 3% annual raises increases starting…...

17+ hour, 14+ min ago  (324+ words) Companies across the transportation, logistics and industrial sectors are still succeeding in passing higher fuel and input costs on to customers, according to Matt Zimmer, head of investment banking at William Blair & Co. The support those prices are providing corporate…...

18+ hour, 19+ min ago  (553+ words) A highly shorted stock. A shrinking pool of shares available to trade. A price that keeps climbing." They're the classic signs of a painful short squeeze, and they've rapidly come into view for Avis Budget Group Inc." Avis shares soared…...

1+ day ago  (262+ words) Fed Ex Corp. s freight unit will see average profit growth of 10% to 12% over the next few years after its spun off from the core parcel-shipping business. The company also said it expects to see up to 6% in average revenue…...

17+ hour, 44+ min ago  (239+ words) Shipowners are placing "huge volume requests" for insurance cover as they look to transit the Strait of Hormuz following the U. S. -Iran ceasefire deal, according to broker Mc Gill and Partners." With the increased demand from the market also comes "a…...

19+ hour, 4+ min ago  (472+ words) Surging prices for plastic caused by disruptions from the Iran war have pushed one U. S. toymaker to buy up more inventory than needed before the conflict boosts costs even higher. Factories in China, Vietnam and India have seen price hikes as…...

18+ hour, 29+ min ago  (201+ words) Sharp Transportation specializes in the movement of medical supplies and furniture and is headquartered in Ontario, Canada. The company provides truckload and partial-load services, as well as cross-border operations, with a focus on the Midwest and Northeast regions. Kriska views…...