Logistics News

The Bloomberg Agriculture Spot Index, which tracks 10 major crop products, reached the highest since July 2023 on July 22, advancing for a seventh week.

The price of a barrel of Brent crude oil, the international standard, was up 7.2% to $100.88, its highest level since early June.

The deal to create the nation's first transcontinental railroad has been divisive within the industry because it would concentrate so much market power in the hands of one company.

Kuehne+Nagel has been discussing options with potential advisers, including the sale of a roughly 20% stake in its Apex Logistics business.

A Senate panel advanced legislation that could eventually ban the sale of Mercedes-Benz's vehicles in the U.S. over the automaker’s partial Chinese ownership.

More climbs for oil prices have come after the continued attacks between the U.S. and Iran. Brent crude, the international standard, rose 3.3% to $94 a barrel.

Refiners are on track to produce the most diesel the U.S. has ever made in the month of July, and one of the highest months on record outside of winter heating season.

Earnings from the five supermajors combined will likely be the third-highest on record, estimates show, as they reaped gains from the biggest supply disruption in history.

President Donald Trump announced plans for some veterans to have automatic eligibility for CDLs during a recent military-related business summit in Pennsylvania.

The new facilities will add to the UAE’s plans to build oil pipelines and expand other ports as it looks to reduce its dependence on the Strait of Hormuz.