Logistics News

At this point, there’s no sign the discrepancy will jeopardize the bridge’s planned opening on July 27.

The attacks demonstrate the risk of transit for vessels that normally dominate the export of Persian Gulf barrels.

IMO Secretary-General Arsenio Dominguez said the Strait of Hormuz remains too dangerous for commercial vessels despite previous U.S.-Iran peace efforts.

The U.S. is advancing talks for a pipeline that would carry oil from Iraq to Syria, a route that avoids Hormuz and would reduce Iran’s future leverage over energy.

Tighter global fuel supplies threaten more pain for consumers already strained with high prices at the pump.

President Trump on July 14 backtracked on plans to charge ships for using the Strait of Hormuz, saying Gulf countries would instead invest in the United States.

LTL carriers are seeing stronger demand, rising shipment weights and higher rates as truckload capacity tightens, fueling optimism for the second half of 2026.

Uber has previously approached Delivery Hero with an offer of 33 euros per share, but investors have been betting that a higher price will be required to seal the deal.

The price of Brent crude climbed 3.5% to $86.18 a barrel after soaring nearly 10% on July 13. U.S. benchmark crude was up 3.1% at $80.55 a barrel.

Restoring oil tanker traffic in the vital Middle East shipping corridor to prewar flows likely will require a much bigger armada of U.S. warships if not tens of thousands of U.S. troops on Iranian soil, experts say.