It’s hard to ignore how AI motivated such a big move

The US Postal Service plans to seek money from Congress to help fund its operations, an unusual request by an agency that’s working to stem an ongoing financial crisis.

United Parcel Service Inc. and FedEx Corp. shares tumbled after an analyst warned that Amazon.com Inc. is offering inexpensive and increasingly fast delivery services to third-party customers, underscoring the risk posed by the e-commerce giant to traditional shipping firms.

Shares of FedEx Corp.’s former freight division fell Monday on its first day of trading as an independent public company.

The United States Postal Service is suspending discretionary spending across the organization as it faces a looming liquidity crisis.

US transportation stocks plunged Monday after Amazon.com Inc. announced expanded logistics offerings that will turn it into a major competitor for parcel carriers and air freight companies, and also impact truckers and third-party brokers.

Amazon.com Inc. has reached a new agreement with the US Postal Service, providing a lifeline to the beleaguered government agency and securing delivery for customers in rural America.

The turf war between the two retail giants is playing out in towns across the country.

The US Postal Service is bringing on restructuring advisers to help it address mounting financial problems that officials say could leave the agency out of cash within a year.

The US Department of Transportation is withholding about $160 million from California after the state delayed canceling thousands of commercial driver’s licenses that regulators say were issued illegally.