News

Household expectations for inflation in 12 months rose to 3.8% from 3.4% in February in the biggest one-month gain since April 2025, the University of Michigan found in a survey. Dive Brief: Consumer sentiment this month slumped 6% to the lowest level this year as turmoil from the Iran war pushed up gas prices and [...]

NEW YORK — U.S. gas prices jumped past an average of $4 a gallon for the first time since 2022 on March 31, as the Iran war pushes fuel prices to soar worldwide. According to motor club AAA, the national average for a gallon of regular gasoline is now $4.02 — over a dollar more expensive than before the [...]

The U.S. Postal Service is seeking permission to impose a surcharge on parcel products for the first time ever to cover soaring transportation costs, including for gasoline and diesel fuel, which have jumped more than 30% since the invasion of Iran by the United States and Israel nearly a month ago. Parcel shipments would be [...]

A new generation of ambient Internet of Things (IoT) technology is emerging as a tool to combat increasingly sophisticated cargo theft, as supply chain losses from theft surged to nearly $725 million in 2025. Wiliot, a supply chain visibility technology firm, says its ambient IoT platform gives individual products a digital identity and can detect [...]

Weather Updates: Freeze protection services are currently active in Alaska and Northern Canada. For shipments containing freezable freight, ensure that freeze protection service is added. Please note that this service brings additional charges and may result in transit delays. Small Parcel Updates: ‌Holiday Weekend Service: USPS, UPS, and FedEx will all operate normally on Good Friday, but none of [...]

Wall Street is cutting its forecasts for the U.S. economy this year, boosting its projections for inflation and unemployment and nudging up the odds of a recession as the impact of the Iran war starts to come into view. Goldman Sachs Group Inc. says the risk of a downturn over the next 12 months has [...]

Shrink — a mismatch between inventory a retailer has on hand and what records say it should have — continues to confound the industry. But several companies in recent weeks reported that shrink is less of a problem, dropping, in at least two cases, to a low not seen since the pandemic. “It’s becoming a [...]

Weather Updates: Freeze protection services are currently active in Alaska and Northern Canada. For shipments containing freezable freight, ensure that freeze protection service is added. Please note that this service brings additional charges and may result in transit delays. Small Parcel Updates: ‌More Same Day Options: FedEx Freight has launched SameDay service via a strategic partnership with last-mile platform OneRail, giving shippers [...]

US diesel rose above $5 a gallon for the first time since December 2022, the latest sign of surging fuel price pressures menacing the global economy as the war in Iran continues to disrupt energy supplies. The nationwide average retail price reached $5.044 a gallon on March 16, according to the American Automobile Association, up by [...]

The House of Representatives’ version of Dalilah’s Law that would significantly impact the issuance of CDLs and the ability of driver training schools to stay in business sailed through the Transportation & Infrastructure Committee Wednesday, approved on a 35-26 party-line vote. It was the first step for the proposal that has manifested itself in separate [...]