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Suspected attacks on two commercial vessels near the Strait of Hormuz fueled expectations for higher shipping rates, driving up shares of companies that operate tankers.

Six months before ocean vessels will be required to burn low-sulfur fuel, such as diesel used in trucks, a U.S. Department of Commerce advisory committee disclosed recommendations to mitigate potential fuel shortages and price spikes.

Representatives for container shipping companies and trucking companies pushed back against a proposal to restrict the number of 1,100-foot-plus container vessels that call on Houston, saying this would hurt the entire shipping and logistics supply chain.

Five container-shipping companies intend to create a nonprofit association focused on the digitalization and standardization of information used in the industry.

An increasingly constrained freight market is ratcheting up the pressure on shippers to improve the performance of their supply chains and make better use of the limited hauling capacity of their own private fleets and for-hire carriers.

A.P. Moller-Maersk A/S is in an unusual place this year as the world’s biggest shipping company finds itself the target of an attack by hedge funds.

A new study found that Great Lakes shipping to ports such as the Port of Indiana-Burns Harbor and the Port of Chicago on the South Sides pumps $25.6 billion into the economy and supports 237,000 jobs, including 147,500 in the Midwest.

Cosco Shipping Holdings Co. pledged to sell a container terminal in California, helping allay concerns of U.S. regulators and clearing the way for its $6.3 billion acquisition of Orient Overseas International Ltd. announced last year.

Whether it’s the price of hiring giant freighters to haul hundreds of millions of tons a year of iron ore and coal, or smaller carriers moving grains, there’s a theme emerging: dry- bulk shipping rates are rallying despite an escalating trade war that may yet damage China’s economy.

Cosco Shipping Holding Co. plans to sell as much as HK$7.43 billion ($947 million) of shares in Orient Overseas International as part of efforts by China’s biggest container-shipping line to maintain the listing status of the rival it is acquiring.