JB Hunt fired the first warning shots during its quarterly results, saying demand was weak, sending shares of the whole group lower. Then Knight-Swift followed.

Under the rules, medium- and high-risk products, which include meat and dairy products, as well as most plants, could be subject to checks at the borders for biosecurity.

Beijing earlier blasted a U.S. plan to launch a formal review of its maritime, logistics and shipbuilding sector, calling the investigation a mistake “based on the need of domestic politics.”

Geely said the divestment is “in accordance with its long-term strategy” and that it will remain Volvo’s second-largest investor.

Alaska shares gained 5% in New York after earlier rising as much as 7.1%, the most in more than two years.

The company posted a $127.5 million profit in the opening months of the year, down from nearly $200 million in Q1 of 2023.

One witness said there was a disconnect between Boeing management's words about safety and what workers observe on the factory floor.

In October, Brink’s sued Air Canada, accusing the country’s largest airline of “negligence and carelessness.” Air Canada rejected the allegations. 

The Malaysian flag carrier will reroute flights to avoid airspace over parts of the Middle East, requiring more fuel and spurring the need to lighten its load.

Biden criticized what he labeled "unfair Chinese trade practices," where below-market cost steel has flooded into the global shipbuilding market.