Industry News

For its 2026 fiscal year ended May 31, the company’s $94.7 billion was a strong increase over the prior year’s $87.9 billion. The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and United Parcel Service wasn’t one of them. *Stock Advisor returns as of July 8, 2026.

Bars from Mars' Nature's Bakery brand. The Missouri plant will continue operating through 2026, with a permanent closure planned for September 2027. Mars is closing a Nature’s Bakery production facility in Hazelwood, Missouri, according to a WARN notice filed with the state.

The company adjusted its sustainability goals in 2025, including clawing back its 2030 target for sustainable sourcing. PepsiCo made gains in sustainable sourcing after adjusting its sustainability program’s targets last year, according to an annual report from the food giant published this month. The Doritos maker said 70% of its ingredients were sustainably sourced in 2025, up from 66% the year prior.

Postal Service is transporting more First-Class Mail and Marketing Mail via air to satisfy its air cargo contract with UPS and avoid higher rates, according to a July 1 report from the agency's Office of Inspector General. However, it focused on the Postal Service's primary air cargo contract that began on Sept. 30, 2024, which aligns with the characteristics of the UPS agreement. The contract's volume requirement means the Postal Service has "little choice but to fly First-Class Mail" to make up for the shortfall and avoid higher expenses, per the report.

The connector with I-16 will provide more efficient transport to and from inland markets by reducing rail crossings and truck traffic, per the Georgia Ports Authority. The Georgia Department of Transportation is opening a freight corridor linking I-16 to a terminal at the Port of Savannah. A new freight corridor in Georgia aims to streamline the flow of goods by connecting Interstate 16 with the Port of Savannah’s Garden City Terminal, according to a July 7 press release.

The partnership, which covers warehousing, distribution and product customization, aims to streamline order processing and drive faster turnaround times for the workwear brand. Please let us know if you have feedback. Workwear brand Engelbert Strauss signed an agreement with DHL Supply Chain for end-to-end logistics services, including warehousing, distribution and product personalization in Columbus, Ohio, according to a July 8 press release.

Mark Carter, the company’s new chief supply chain officer, previously served in supply chain leadership roles at Schwan and Unilever. Carter is joining Marzetti to continue efforts it has undertaken over the last three years to simplify its supply chain while delivering productivity gains, Ciesinski said. Before joining Marzetti, Carter was EVP and chief supply chain officer for Schwan, leading the frozen food maker’s supply chain across 18 manufacturing sites, per the release.

It sunk to a post-pandemic low of 115.9 in January 2024 before starting to move higher. In June–with the calculation coming right after the month’s end, as it always does–it was up to 170.04, a 13.5% increase in two months. It is an index that is based strictly on employee drivers (though some so-called “1099” drivers are in the mix) and does not include back office or C-suite management.

In a statement to FreightWaves, Fusion Transport said the layoffs are related to the relocation of its Piscataway facility to a new Northeast location. IPS Express Logistics Inc., a transportation and supply chain company based in San Leandro, California, also filed for Chapter 7 bankruptcy protection in the U.S. Bankruptcy Court for the Central District of California. Two companies connected to the cargo trailer market filed for bankruptcy protection July 6.