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First Trump Tariff Refunds Reach Importers

The Trump administration has begun paying out refunds for the $166 billion in global tariffs that the Supreme Court declared unlawful earlier this year.

May 6, 2026
BusinessTechnologyLogisticsAutonomousTop 100

GXO Reports Swinging From Loss to Profit in Q1

GXO Logistics Inc. on May 5 reported first-quarter revenue and earnings growth, supported by a swing from a loss to a profit year over year.

May 6, 2026
GovernmentBusinessSafetyFuelLogisticsGlobal Freight

Shipping Firms Whipsawed as They Wait for Hormuz to Reopen

“Ultimately, it’s still going to come back to the primary issues of risk and safety," that shippers have to evaluate.

May 6, 2026
GovernmentBusinessSafetyFuelLogistics

Oil Prices Fall on Hopes for Deal to Reopen Strait of Hormuz

The price for a barrel of Brent crude oil, the international standard, sank 7.3% to $101.90, down from more than $115 early this week.

May 6, 2026
GovernmentBusinessTechnologyEquipmentFuelLogisticsAutonomousFor-Hire

Clean Fleets Target Business Cases as Subsidies Fade

ACT Expo 2026 signaled momentum shifts in the clean transportation movement and growing acceptance of connected vehicle technology, AI and autonomous driving.

May 6, 2026
BusinessTechnologyEquipmentLogisticsFor-Hire

FedEx Freight Adds AI Tools to Boost Win Percentage

“Data, predictive analytics and AI-driven logistics are reshaping how we manage capacity and deliver more reliable service,” FedEx Freight's John Smith said.

May 6, 2026
GovernmentBusinessSafetyFuelLogistics

US Exports of Oil Products Reach Record on Diesel Demand

The shipments rose to 8.2 million barrels a day, according to data published May 6 from the U.S. Energy Information Administration.

May 6, 2026
BusinessTechnologyLogisticsTop 100

What Amazon Supply Chain Services Means for Logistics

Amazon's launch of a new supply chain service raised competition concerns for transportation providers, but experts caution the impact will be limited.

May 6, 2026
GovernmentBusinessSafetyFuelLogistics

Shipowners Stay Cautious on Sending Vessels Through Hormuz

Iranian media reported that shipowners need to send an email to an organization called the Persian Gulf Strait Authority if they want to send ships through the strait.

May 6, 2026
BusinessTechnologyLogistics

Uber Beats Expectations on Bookings Outlook

The ride-hailing service guided total gross bookings to between $56.25 billion and $57.75 billion for Q1, while analysts looked for $56.23 billion. 

May 6, 2026

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