Shipping of containerized freight into Russia has ceased. Tanker cargo shipping out of Russia is booming. It appears that the globe does not miss-selling consumer products to Russians but cannot stop buying Russia's oil outright. Sanctions do not prevent container ships from calling in Russia. Nonetheless, they've stopped, suffocating import...
East Coast diesel stocks tighten; other numbers offer buyers hope.
The most crucial number for the trucking industry in the weekly Energy Information Administration statistical report was not favorable. But many others were. With so much focus on the East Coast diesel market, the amount of inventories has been the main data point for determining whether any relief from the...
FedEx has been tasked with transporting baby formula from Europe to Pennsylvania.
The Department of Defense enlisted FedEx Express on Sunday to make the second flight for Operation Fly Formula and carry another batch of Nestle infant formula from Ramstein Air Base in Germany to the United States, as the Biden administration works to address a statewide shortage. The shipment will be...