Transportation Compliance News

Brent crude, the international standard, fell 2.1% to $90.78 a barrel. 

Twenty-nine of the 109 bigger vessels, which were stranded when the Strait of Hormuz was effectively shuttered after the conflict erupted on Feb. 28, have crossed the chokepoint.

Chevron would not consider paying a toll to move ships through the Strait of Hormuz, CEO Mike Wirth said.

The shortfall in goods trade shrank 3.4% from the prior month to $82.4 billion, Commerce Department data showed May 29.

Police busts of fencing operations — networks that resell stolen goods — indicate business is booming online and at in-store shopping venues.

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

Shares of Union Pacific and Norfolk Southern slumped the most in more than a year after the STB paused its review of their planned $72 billion merger.

The remarks come as the U.S. and Mexico begin formal talks on potential changes to the continental trade pact known as USMCA.

Oil prices continue to swing and more data shows pressure building on the economy because of the war with Iran.

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.