Amazon’s deal is the latest in a series of jumbo bond sales by hyperscalers as they plan to invest hundreds of billions of dollars in AI infrastructure. Investors have so far been eager buyers.

With a key shipping route cut off, oil prices have surged — from less than $70 a barrel on Feb. 27 to nearly $120 early March 9 before settling closer to $90. They’ve taken diesel and gasoline prices with them.

Nearly all goods — including food — that are bought and sold must travel from where they’re produced. Those costs will climb with higher gasoline, diesel and jet fuel prices.

FedEx has eclipsed rival UPS as the largest U.S. parcel carrier by market value for the first time. The shift in market value leadership marks a historic reversal for the two biggest U.S. parcel carriers.

The National Motor Freight Traffic Association on March 5 launched an online platform aimed at bringing resources together to fight cargo theft.

The selected projects include a partnership between the Port Authority of New York and New Jersey and companies Joby Aviation, Archer Aviation, Beta Technologies and Electra. 

IMC Logistics will open a Toronto drayage facility, the carrier’s first expansion outside the U.S. The site is intended to boost IMC’s ability to support cross-border freight shipments.

Disruptions to crude oil supplies wrought by the Middle East conflict are boosting the appeal of crop-based biofuels, lifting demand for vegetable oils and corn.

Airports have warned travelers that they should expect longer lines and to arrive early for their flights, as a partial government shutdown impacting DHS enters its fourth week. 

The new feature is being rolled out nationwide despite an ongoing class-action lawsuit against the policy in California, filed by Uber drivers who argue that it is discriminatory against men.