Logistics News
U.S. Authorizes Sale of Iranian Oil as Part of Peace Deal
The U.S. Treasury Department issued a license allowing Iran to sell some of its energy exports through Aug. 21. It opens the door for eventually ending many sanctions programs.
June 22, 2026Qatar Gas Terminal Explosion Could Further Shake Markets
The scale of the damage remains unknown after the blast. Qatar's Interior Ministry said 13 people were killed.
June 22, 2026Uber-Backed Lime Seeks $180.9 Million in IPO
The electric bike rental company is offering 6.7 million shares for $24 to $26 each, according to a filing June 22 with the SEC.
June 22, 2026Amazon Prime Day Spending Expected to Rise 9%
U.S. consumers will spend $26.3 billion online at Amazon and other retailers during the four-day sale, up 9% from last year’s event in July, according to Adobe.
June 22, 2026U.S. Ends Hormuz Blockade as Negotiations Restart
Vice President JD Vance downplayed concerns Iran could eventually impose tolls on traffic through the Strait of Hormuz.
June 18, 2026Oil Prices Continue Downward Trend
The price for a barrel of Brent crude oil fell 2.3% to $74.23. It’s still above its roughly $70 price from before the war.
June 18, 2026Kroger Sales Rise on Steady Demand for Groceries, Essentials
The nation’s largest supermarket operator said June 18 that same-store sales grew 1% excluding fuel.
June 18, 2026Trump Poised to Set New Tariffs as He Refunds the Old Ones
It’s unclear how quickly or how much in refunds will flow through to consumers, and fresh duties are set to hit as the U.S. economy absorbs higher costs for goods tied to the Iran war.
June 18, 2026Gas Prices Fall Below $4 for First Time Since March
Fluctuations in gas prices remain across the country. In California, gas prices are averaging $5.64 per gallon, while in South Carolina it’s $3.58 per gallon.
June 18, 2026