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Congress Considers Tech Fix for Rail Cargo Thefts

A House lawmaker is pressing colleagues to advance legislation that takes aim at cargo theft in the rail sector.

June 25, 2025

EV-Carrying Ship Sinks in Pacific Ocean After Catching Fire

A ship that caught fire in the Pacific Ocean earlier this month has sunk. The vessel was carrying about 3,000 vehicles, of which about 800 were EVs.

June 24, 2025

Closing the Strait of Hormuz Could Backfire on Iran

The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world’s most important oil chokepoint.

June 23, 2025

Tanker Rates Soar to Highest Since 2023 After US Bombs Iran

Tanker rates extended gains as tensions in the Middle East ratchet higher, with shipowners demanding bigger fees to call at ports in the Persian Gulf after the U.S. launched strikes on Iran.

June 23, 2025

Oil Shippers Pause Offers of Vessels to Middle East

Some oil tanker owners and managers have paused offering their vessels for Middle Eastern routes since June 13 as they assess the risks from Israel’s conflict with Iran.

June 16, 2025

Israel-Iran Clash Revives $100-a-Barrel Oil Fears

The barrage of headlines has revived memories of the political upheavals and price spikes of the 1970s — and yet even when oil prices have jumped, it inevitably proved short-lived.

June 13, 2025

Trump’s China Deal Offers Reset, Not Breakthrough

After fresh negotiations in London, tariff rates remain essentially unchanged. Rare earth shipments from China are set to return to pre-April 2 conditions.

June 12, 2025

Export Controls Now on the Table in China Trade Talks

At the heart of the policy shift is China’s stranglehold over rare earths and its decision to restrict supply to American manufacturers reliant on the key inputs.

June 11, 2025

UNFI Hack Leaves Some Whole Foods Shelves Bare

In a June 9 email to customers, a representative said the company is “working toward the goal of returning to full operational capacity by” June 15 or sooner and apologized for any disruption.

June 10, 2025

Hybrid TRUs Gain Ground in Refrigerated Trucking

Refrigeration technology for temperature-controlled trailers has expanded beyond conventional diesel-powered refrigeration units to a growing number of greener alternatives.

June 10, 2025