American Trucking Associations, Truckload Carriers Association and National Tank Truck Carriers released a statement detailing their position on the proposal.

Brent crude, the international standard, climbed 3.4% to $107.72 a barrel.

Heather Long, chief economist at Navy Federal Credit Union, wrote, “For the first time in three years, inflation is eating up all wage gains."

Stonepeak will buy the businesses with a cash consideration, which wasn’t disclosed, and an earnout that’s contingent on certain targets. 

Some gauges are at their highest since the 2020-23 period, when economies locked down because of COVID, shortages emerged and shipping snarls persisted. 

Amazon Now, first launched in India last June, is now available in urban areas of Brazil, Mexico, Japan, the United Arab Emirates, the U.K. and the U.S.

Late or missing payments aren’t new, but what looks like a routine billing delay can signal something more serious, writes Super Dispatch's Rukhsora Rakhmatova.

“After extensive review, the FAA approved Boeing’s protocol for safely returning MD-11 airplanes to service,” the agency said May 11 in a statement.

Forward Air Corp. noted first-quarter headwinds, plus the loss of a major portion of business, while reporting financial results May 7.

That shortfall in supply is being met by companies and governments dipping into storage, with stockpiles running dangerously low, Saudi Aramco CEO Amin Nasser said.