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Glenn Taylor

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European Airports Risk Jet Fuel Shortage by May Due to Hormuz Crisis

Airports warned the E.U.'s transport commissioner of a "systemic" supply crunch within three weeks as Hormuz…

Hormuz Shipping Faces ‘Restrictive’ Transit Environment as US Blockades Iran Ports

As the U.S. Navy moves to interdict vessels in the strait amid a fragile ceasefire, carriers endure uncertain…

Antwerp Oil Spill Adds to Pressure on Congested European Ports

A leak at the MSC PSA European Terminal halts vessel traffic for hours, with the Belgian port racing to…

USPS Halts Pension Payments, Hikes Stamps to Avoid Cash Crisis

The move to pause retirement contributions frees up to $2.5 billion for the ailing agency, which is…

FedEx, Pilots Near Deal With 40% Pay Raise After Five Years of Talks

The ALPA agreement came hours after the logistics giant's trucking unit outlined margin expansion and network…

DHL Says Shipping Fallout from Hormuz Strait Could Last Six Months

A company exec told customers "nothing has dramatically changed" at the strait this week as ocean carriers…

US Import Volumes Hold Steady Despite Iran War, but Cost Pressures Concern Retailers

Since the start of the war, ocean freight rates have surged more than 30 percent on Shanghai-to-U.S. trade…

CK Hutchison Accuses Maersk of ‘Scheme’ in Panama Port Takeover

The company's Panama unit claims Maersk colluded with country officials to replace it as the Balboa port's…

After Iran War Ceasefire, Ocean Carriers Uncertain of Hormuz Return

Carriers remain cautious about the fragile state of the Strait of Hormuz, with Hapag-Lloyd saying it would…

Truckers’ ‘Indefinite’ Blockades Hit Mexico’s Freight Network

Overhaul recommended that all shipments traveling through affected areas should route around city centers…

Amazon Keeps USPS Ties Intact With 20% Volume Cut

The logistics giants were able to agree to a new contract after Amazon reportedly threatened it would cut…

ShipMonk Launches Apparel-Specific Fulfillment Center to Tackle Returns, SKU Complexity

The 406,000-square-foot Louisville, Ky. hub integrates high-density storage, picking and dedicated rework…

Vietnam Freight Costs Spike 30% on Iran War; Trump Says US Should Charge Hormuz Tolls

"We're paying closer to $4,500 to $5,200 and our freight forwarder is already saying that it's likely to…

Teamsters Secure UPS Buyout Cap; NLRB Calls Amazon to the Bargaining Table

UPS and the union settled their dispute over a driver separation program, limiting the total voluntary…

Sec. Rubio: China Detentions of Panama-Flagged Ships ‘Undermine’ Supply Chains

Nearly three in four vessels held at Chinese ports in March were registered to Panama, "far exceeding…