Browsing: Shipping
Second cargo ship sinks in Red Sea after Houthi rebel attack with bomb-armed drone boats
A Liberian-flagged cargo ship attacked by Yemen’s Houthi rebels sank Wednesday in the Red Sea, and a European naval force in the…
The Strait of Hormuz is a critical choke point for global energy markets, but there are ways to get around it
The Strait of Hormuz avoided Tehran’s initial response to the U.S. bombing of Iran’s nuclear facilities over the weekend, sending…
Trump demands ‘everyone’ keep oil prices down after Iran threatens to close Strait of Hormuz following U.S. attack: ‘I’m watching’
Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the Strait of Hormuz, a vital oil…
The shipping industry was placed on high alert on Sunday with warnings that Tehran could retaliate against commercial vessels following…
Mark Cuban says consumers may actually see lower prices due to tariff uncertainty as companies deal with the aftermath of stockpiling goods
As many economists warn of the inflationary consequences of tariffs, billionaire Mark Cuban believes uncertainty surrounding the tariffs may actually…
Inbound shipments to the Port of Los Angeles — the busiest container hub in the US — dropped as much…
Some manufacturing jobs will return to America only if AI-empowered robots do them—and that’s a good thing
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USPS’ new postmaster general is a FedEx board member and former Fortune 500 CEO. But union leaders say he’s the ‘last type of person’ who should be in charge
David Steiner, a former CEO of the nation’s largest waste management company who currently serves on the FedEx board of…
UPS ditched Amazon to be more profitable. Now it’s slashing 20,000 jobs and plans to close over 70 facilities
United Parcel Service made waves earlier this year when it announced a breakup with the world’s largest ecommerce retailer. Amazon,…
United Parcel Service Inc. is in talks with robotics startup Figure AI Inc. to use humanoid robots for some tasks…












