Global Freight

Maersk and Hapag-Lloyd signaled confidence about resuming passage through the Red Sea, sending the container carriers’ shares down July 6.

Evergreen Marine confirmed authorities had searched its premises, adding that the company was fully cooperating with the investigation.

Amazon agreed to pay $2.25 million to settle U.S. claims that it routinely failed to provide records to help customers who were victims of identity theft.

Maersk upgraded its profit outlook for this year, citing solid demand especially in Asia and a global container market that looks to stay healthy the rest of the year.

A ship was hit by an unknown projectile in the Strait of Hormuz, just hours after several freighters turned around while attempting to cross the vital waterway.

Competitors such as Walmart and Target scheduled overlapping promotions, boosting traffic and shopping across the web.

FedEx reported profit that beat Wall Street’s expectations as the courier navigated tumultuous trade policies and rising costs that have buffeted its business.

Consumers will spend $26.3 billion online with Amazon and other retailers during this year's Prime Day, according to Adobe estimates.

The company’s last major deal was the acquisition of smart TV-maker Vizio, which Walmart paid $2.3 billion for in 2024 to boost its advertising business.

U.S. consumers will spend $26.3 billion online at Amazon and other retailers during the four-day sale, up 9% from last year’s event in July, according to Adobe.