United Parcel Services was fined by the SEC for allegedly overvaluing its freight business. "UPS Ordered To Pay $45M For Overvaluing Freight Business," at 9:31 a.m. ET, incorrectly said the company ...

The SEC explained that in 2019, the company had determined that UPS Freight was likely to sell for no more than about $650 ...

Three people were injured in western Germany on Friday when a freight train derailed following a collision with another train ...

Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) hosted the third annual Drive for Hope Golf Tournament November 11-12 at Chateau Elan Winery & Resort in Braselton, GA. Through its ...

Washington, D.C.-- (Newsfile Corp. - November 22, 2024) - The Securities and Exchange Commission today announced settled charges against United Parcel Service Inc. for materially misrepresenting its ...

Innovative Logistics Group’s Adam Wingfield says new enforcement power over truckers with drug violations could be a freight capacity game-changer.

Bentley sank to the bottom of Lake Huron just north of Rogers City on a Chicago-to-Buffalo voyage. While the crew was rescued ...

The logistics industry is thriving, fueled by rapidly surging global demand, cost-efficient alternatives, and technological innovations. Hence, investors could consider strong shipping stocks ZIM ...

The SEC alleged UPS had valued its freight business unit at about $650 million in 2019, which would have required a goodwill impairment on its balance sheet of nearly $500 million. But the company ...

United Parcel Service Inc. will pay $45 million to settle claims by the US Securities and Exchange Commission that the courier misrepresented its financial results by improperly valuing its freight ...

Supply chain software firm e2open will embed air cargo booking portal WebCargo into its Transport Management System (TMS) to expand its offering. The ...

With its unique overhead catenary wire and third rail infrastructure, the TTC is equipped not only to test new passenger rolling stock but also to advance power ...