Global Freight

A handful of oil tankers were racing toward the Strait of Hormuz on April 17 after Iran declared it open, even as industry groups urged caution.

U.S. oil cargoes transiting the Panama Canal are close to a four-year high as Asian refiners rush to import American crude in lieu of Mideast supplies.

TFI International-owned TA Dedicated is adding Minneapolis-based warehousing and distribution company Triangle Warehouse to its operations, the carrier said.

Trukker, a UAE-based business, experienced a 30% increase in its road shipments in March based on full truckloads.

Amazon is building out its low-earth-orbit satellite network, Amazon Leo, in a bid to compete with Elon Musk’s SpaceX.

FedEx Chief Financial Officer John Dietrich will step down after the courier completes a planned spinoff of its freight division into a stand-alone company.

Slate wants to tap consumer demand for more affordable vehicles with a stripped-down, two-seater pickup that can go 150 or 240 miles on a single charge. 

Gianluigi Aponte, 85, made the transfer of the closely held company to son Diego and daughter Alexa in the last quarter of 2025, according to a statement.

FedEx pilots reached a tentative labor agreement with the parcel company, marking a significant step toward resolving nearly five years of negotiations.

Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the U.S.-Iran ceasefire deal.