Logistics News

Oil and gas groups say the waiver lowered fuel costs and improved supply, while maritime advocates warn it threatens shipbuilding investment, jobs and national industry capacity.

In the period between the two U.S. naval blockades, Tehran was able to ship at least 2.2 million barrels a day, a very high level by recent standards. 

President Donald Trump says the United States is “reinstating” a blockade on Iran in the Strait of Hormuz and will charge ships for safe passage.

The price of Brent crude, the international standard, was up 3.9% to $78.95 per barrel. Fighting has kept oil tankers from using the strait to deliver crude to customers worldwide.

Even brokers that have prioritized compliance and safety could face a more difficult operating environment, trucking and logistics leaders said.

The Supreme Court’s recent Montgomery ruling has raised the stakes for how freight brokers approach carrier selection, documentation and liability exposure.

The current enforcement environment reflects a return to a rule that dates to 1937 but was unevenly applied for much of the past decade.

The price for a barrel of Brent crude oil, the international standard, 0.9% to $75.58. That’s above the $72 it was at the start of the week.

The federal review of a proposed backup geolocation network has drawn intense scrutiny as trucking and other industries battle over its potential downsides.

Program Aired: July 9, 2 p.m. ET PCS Software CEO Mark Hill and Transport Topics’ Seth Clevenger for a timely discussion on the difference between rate recovery and profit recovery. They will examine what is changing in the freight market, why some carriers are falling behind despite stronger demand and what fleets can do now to make more disciplined, profitable freight decisions.