Trucking Business News

DHL and the Teamsters union reached a tentative agreement that averts a national strike, both parties confirmed March 29.

U.S. oil prices ended March 30 above $100 a barrel for the first time since the U.S. and Israel launched a war against Iran.

The deal will expand Uber’s offerings targeting business executives and wealthy consumers, a fast-growing segment of the business.

The Middle East accounts for about 9% of global output of aluminum, used in airplanes, food packaging and solar panels.

Owners of diesel-powered vehicles have seen even steeper fuel price increases since the war started on Feb. 28.

Global exports from the project are now expected to start in the second quarter of this year.

President Donald Trump on March 30 threatened widespread destruction of Iran’s energy resources if a deal to end the war with Tehran is not reached soon.

So far in March, barely six vessels per day on average have traversed the strait. That compares with about 135 a day in normal times.

The acquisition would create a closer link between Sysco and customers that rely on Restaurant Depot for supplies needed quickly in a high-margin industry segment.

The prohibition shielding online trade from tariffs has been renewed every two years without lapsing since its inception in 1998.