Logistics News

The hostilities have underscored Iran’s continued ability to choke a crucial maritime artery. The Hormuz strait handled a fifth of oil and LNG flows before the war.

The gap in goods and services trade grew 24.4% from the prior month to $88.6 billion. The value of imports increased 2.8% and exports fell 2.1%.

The Baltic Dry Index rose 5.5% to 3,331 points, touching the highest since December 2023, driven by a rise in the constituent Capesize rate that surged over 8%. 

The House passed a short-term measure Sept. 1 that funds the federal government into early December and extends expiring federal surface transportation programs.

The ruling left open the question of how to apply a so-called reasonable care standard that requires brokers to vet carriers they hire to haul freight.

Descartes said the deal would expand its warehouse and inventory management capabilities and at the same time extend its 3PL and e-commerce fulfillment portfolio.

Pabst Blue Ribbon wants its beer back, and it's offering a reward to help make that happen.

European natural gas futures hit a three-year high and oil futures are moving closer to $100 a barrel as renewed fighting threatens to once again throttle energy supplies from the Persian Gulf. 

“It was over $5,000 to go from Fort Polk, La., to San Antonio, Texas. … I was like, ‘No, that’s probably like three [trucks].’ ”

An anonymous White House official said the discussion touched on regulatory changes, faster permitting and additional investments.