FEDEX FREIGHT NOW AN INDEPENDENT COMPANY, DEBUTS ON NYSE AS “FDXF”
Following its June 1 spinoff from FedEx Corp., the LTL carrier began trading under the ticker FDXF as it pursues growth with an established nationwide network and customer base.
EIA: U.S. DIESEL AVERAGE DROPS 17.3¢ TO $5.350/GALLON FOR WEEK OF JUNE 1
On‑highway diesel fell week over week across all regions, led by a 23.1¢ decline in the Midwest, easing fuel cost pressure for fleets heading into peak summer demand.
ISM: U.S. MANUFACTURING PMI HITS 54%, HIGHEST SINCE MAY 2022
Factory activity expanded for a fifth straight month in May, a positive indicator for freight demand as shippers ramp up production and replenishment cycles ahead of summer.
USTR PROPOSES 25% TARIFF ON IMPORTS FROM BRAZIL; HEARING SET FOR JULY 6
A new Section 301 action could raise costs on a wide range of goods, with public comments due ahead of a July hearing—potentially shifting sourcing and trucking volumes tied to Brazil trade lanes.
WHITE HOUSE ADJUSTS METALS TARIFFS; SOME INDUSTRIAL GOODS DROP TO 15% ON JUNE 8
Tariff changes on steel, aluminum and copper derivatives—effective June 8 and running to Dec. 31, 2027—aim to ease costs on select equipment, with ripple effects for fleet capex and shipper procurement plans.
TARGET OPENS $367M FOOD DC IN COLORADO TO SPEED STORE REPLENISHMENT
The 529,000‑sq‑ft, temperature‑controlled facility in Thornton is Target’s ninth and largest food DC, serving 129 stores and cutting replenishment times by up to two days—boosting regional truckload and LTL flows.
PORT OF CHARLESTON TO EXPAND AUTO CAPACITY, ENHANCE RAIL AND BERTH AREAS
SC Ports will boost roll‑on/roll‑off and rail capabilities at North Charleston Terminal to support the state’s growing auto sector, with improvements targeted through 2028 and near‑term site work this summer.
ULTA BEAUTY PARTNERS WITH UBER EATS TO EXPAND SAME‑DAY DELIVERY OPTIONS
The retailer added Uber Eats alongside Instacart and DoorDash, signaling continued growth in rapid last‑mile channels that can influence parcel, courier and dedicated final‑mile trucking demand patterns.
BATTERY‑ELECTRIC TRUCKS SHOW LONG‑HAUL PROMISE IN REAL‑WORLD DEMOS
NACFE’s Run on Less results highlight multi‑day, 400+ mile operations with strategic charging—evidence that BEV adoption is moving beyond local haul into select long‑distance freight applications.
INTERMODAL SERVICES FIRM CMC NAMES JOSEPH PIGNATARO AS CFO
The promotion positions CMC’s longtime finance leader to steer growth and integration following recent mergers, with implications for chassis, depot, and drayage operations in key gateways.
BTS RELEASES MAY 2026 MOTOR FUEL PRICE SUMMARY TO AID COST TRACKING
The Bureau of Transportation Statistics published its latest motor fuel price digest, providing transportation planners and fleets with updated inputs for fuel surcharges and budgeting models.
UPS HIGHLIGHTS RFID VISIBILITY ROLLOUT ACROSS U.S. SMALL‑PACKAGE NETWORK
New RFID package sensing is expanding nationwide, promising improved scan accuracy and real‑time visibility that can reduce exceptions and truck rework at hubs and delivery centers.
HERSHEY APPOINTS NEW CHIEF SUPPLY CHAIN OFFICER TO DRIVE NETWORK MODERNIZATION
Mitchell Arends will oversee end‑to‑end logistics, manufacturing and planning beginning June 22, with a mandate to accelerate digital integration—affecting temperature‑controlled and dry freight flows.
CANADA POST WORKERS RATIFY DEALS, EASING CROSS‑BORDER PARCEL UNCERTAINTY
Ratified contracts reduce the risk of service disruption in a key U.S.–Canada parcel corridor, stabilizing expectations for e‑commerce shippers moving goods via cross‑border trucking and parcel networks.
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