FedEx will shut more than 475 stations, roughly 30% of its U.S. and Canada footprint, as part of its Network 2.0 consolidation. The initiative merges Ground and Express operations, shifting focus to large metros such as San Francisco. Already, over 200 sites have closed and the carrier expects 65% of eligible daily volume to flow through optimized facilities by the 2026 peak. FedEx projects $2 billion in cost savings and a 10% reduction in pickup‑delivery expenses by the end of 2027.
Ford Motor Co. reported a roughly $2 billion tariff hit in 2025, double the amount projected just months earlier, after a miscommunication about the effective date of auto‑part tariff offsets. A fire at Novelis’ Oswego aluminum plant added another $2 billion headwind,...

J.M. Smucker announced a sweeping overhaul of its supply‑chain leadership, eliminating the chief operating officer role and seeing the retirement of two senior vice presidents. The company created a new chief product supply officer position, promoting Rob Ferguson to oversee...

Union Pacific has announced a proposed acquisition of Norfolk Southern, aiming to create a transcontinental railroad network that would dominate freight transport in North America. The merger, pending regulatory approval, could give the combined entity over 40% market share across...