Logistics News

When Amazon sold its biggest-ever bond earlier this year, it was inundated with investor orders amid hype about the AI boom. This time around, there’s less fanfare.

The lack of clarity is adding volatility to a freight market seeking a smooth ride to greater prosperity after the longest downturn in industry memory.

BP boosted jet fuel production at its European refineries by about 30% during the Iran conflict, helping the region avoid major shortages while millions of barrels were locked up in the Persian Gulf.

Shell’s trading update offers a first glimpse into how Big Oil fared in a quarter when crude prices hit their highest since the invasion of Ukraine in 2022.

State-owned firm Cofco has booked at least six cargoes of U.S. soybeans for loading between September and October, Bloomberg reported.

H.Essers is entering the U.S. market by bringing chemical warehousing firm Palmer Logistics into its operations and outlining plans for expansion.

The European Commission, the bloc’s executive arm, wants 35% of oilseeds and protein crops used in animal feed to be EU-grown by 2035.

The gap in goods and services trade grew 42.2% from April to $77.6 billion, Commerce Department data showed July 7.

Tehran, which has repeatedly declared that only its approved route through the strait is safe, is suspected of attacking other ships that have used another route close to the Omani shore.

Walmart has benefited in part from higher inflation under Trump, as consumers have turned to its stores and website in search of lower prices.