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Shaky U.S.-Iran ceasefire renews anxiety over fuel prices

Oil prices rose to their highest point in weeks after President Donald Trump declared the U.S. ceasefire with Iran over, responding to Iranian attacks on commercial ships in the Strait of Hormuz.

July 9, 2026
GovernmentBusinessLogistics

China makes biggest U.S. soybean purchase since November

The U.S. Department of Agriculture on July 8 reported sales of 472,000 metric tons of soybeans for delivery to China.

July 8, 2026
BusinessEquipmentLogisticsTop 100

FedEx Supply Chain deal marks critical step in larger strategy

FedEx's sale of its supply chain business may have limited immediate impact, but experts say it represents a key step in the company’s transformation strategy.

July 8, 2026
GovernmentBusinessLogistics

Switzerland sees ‘good chance’ for 15% tariff deal with U.S.

Switzerland is in a delicate phase of negotiations with the U.S. as it seeks to secure a permanent deal to provide exporters with a more predictable trading landscape.

July 8, 2026
GovernmentBusinessSafetyFuelLogistics

Shipowners weigh Hormuz risks as U.S.-Iran deal crumbles

The risk of a return to all-out war appeared to be rising on July 8, with Trump warning that the U.S. would probably launch further strikes on Iran.

July 8, 2026
GovernmentBusinessSafetyFuelLogistics

Oil prices top $80 after Trump says Iran ceasefire is 'over'

The price of Brent crude oil jumped 8% to $80.09 a barrel.

July 8, 2026
GovernmentBusinessTechnologySafetyFuelLogistics

IMF expects world economy to grow a sluggish 3% this year

The IMF expects the U.S. economy — the world's largest — to grow a solid 2.3% this year, up from 2.1% in 2025 and unchanged from the April forecast. 

July 8, 2026
GovernmentBusinessLogistics

Trump renews call to end trade with ‘terrible partner’ Spain

The president cited Spain's lack of support for the war in Iran and what he described as its failure to meet NATO commitments.

July 8, 2026
GovernmentBusinessSafetyFuelLogistics

U.S. airlines’ monthly fuel spending in May leaps 84%

The higher year-over-year spending has been driven mostly by pricier jet fuel rather than a significant increase in how much of it airlines consumed.

July 8, 2026
GovernmentBusinessSafetyLogistics

How did the New World screwworm get into the United States?

As the deadly New World screwworm spreads through Texas, posing significant risk to the U.S. cattle herd, experts are still wondering how it got there.

July 7, 2026

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