Amazon sold C$14 billion in high-grade bonds, the largest corporate debt offering on record in the currency, after drawing about twice that amount in demand. 

There are currently 262 supertankers, each capable of hauling 2 million barrels of crude oil, on order at shipyards around the world.

The spot rate for a 40-foot container to the U.S. West Coast from Asia was up 20%, to $3,933.

Container shipping analyst Lars Jensen on July 1 sets out for an 18-month trip to scope out opportunities and risks to better connect Africa’s economies to the global trading system.

CEO John Furner said that low-income consumers are experiencing greater pressure on high gas prices. “That’s really the stress point, is the price of fuel,” he said.

Nearshoring has further evolved supply chains this year even as tariffs and geopolitical risks have complicated the process.

Oil companies are rushing to secure giant tankers to ensure they can transport barrels after the industry was upended by war and the largest vessel-buying spree in a generation, DHT's CEO says.

The United States Postal Service is suspending discretionary spending across the organization as it faces a looming liquidity crisis.

USPS will carry out last-mile e-commerce deliveries directly to customer homes for DHL under the agreement, the companies said in a statement May 28. 

Kroger is looking to compete more fiercely with Walmart and other companies that have gained ground in recent years at the expense of traditional grocery operators.