Iran on Friday declared the Strait of Hormuz is open to commercial ships during the ceasefire between Israel and Lebanon, but confusion quickly emerged about whether…
A satellite view of the Strait of Hormuz, a strategic waterway between Iran and Oman that links the Persian Gulf to the Arabian Sea.Gallo Images |…
President Donald Trump issued a 60-day waiver of a longstanding U.S. shipping law in an attempt to stabilize oil markets amid the Iran war, the White…
Listen to this articleEstimated 4 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to…
The grounding of MD-11 aircraft after the deadly crash of a UPS plane earlier this month could boost air cargo rates during the peak holiday shipping…
New York Attorney General Letitia James holds a press conference following a ruling against former U.S. President Donald Trump ordering him to pay $354.9 million and…
America’s supply chain is under attack.From coast to coast, organized criminal groups are hitting trucks on the road, breaking into warehouses and pilfering expensive items from…
Genco Shipping CEO John C. Wobensmith sells $134,605 in stock Read More: Genco Shipping CEO John C. Wobensmith sells $134,605 in stock By
Nearshoring is reshaping the North American supply chain, driving a reconfiguration of shipping routes as manufacturers relocate closer to where the American consumer shops. While tariff…
An Iranian flag flutters on board the Adrian Darya oil tanker, formerly known as Grace 1, off the coast of Gibraltar on Aug. 18, 2019.Johnny Bugeja…