Tehran has tightened its grip on the waterway, requiring shipowners to submit detailed information to its Persian Gulf Strait Authority.

Lime has expanded aggressively in recent years, launching in more than 20 cities including Tokyo and Athens.

Amplify Cell Technologies’ planned battery cell production facility in Mississippi is facing more delays, one of the joint venture’s shareholders said May 6.

The case targeted Agri Stats, which collects nonpublic information from meat processors and shares the data in detailed reports with the industry.

The increase in the gauge — which tracks grains, sugar, meat, dairy and vegetable oil costs — marks the third consecutive month of gains. 

One of the biggest impacts on the industry from the war is higher transportation costs. The cost of retail diesel touched record seasonal levels in mid-April.

The Iran war has caused the biggest disruption of global oil supplies in history. But the conflict hasn’t done much damage to the American job market so far.

Brent crude, the international standard, dipped 0.2% to $99.84 per barrel. Brent crude was roughly $70 a barrel before the Iran war began.

A split three-judge panel of the Court of International Trade in New York found the 10% global tariffs were illegal after small businesses sued.

Lyft forecast second-quarter results that beat Wall Street estimates, as the ride-sharing company expands internationally and adds higher-end offerings.

President Trump said that goods from the EU would face higher tariff rates if the 27-member bloc fails to approve last year’s trade framework by July 4.

President Trump is forging ahead with plans to hold a summit with counterpart Xi Jinping next week in Beijing despite unease in China over the Iran war.

The transaction will give EQT a 70% interest in the North American venture, with Americold retaining the remaining 30%, the companies said May 7.

RXO CEO Drew Wilkerson expressed optimism that the freight market is recovering and that the company is well positioned for the upturn while reporting first-quarter results May 7.

The FBI has issued a public alert about “surging” cargo theft cases involving cybercriminals impersonating a broad range of legitimate freight companies.

The move has raised concerns about eroding the freedom of navigation on which global trade depends.

Iran’s grip on the Strait of Hormuz has jolted the world economy. Here is a look at the strait by the numbers.

Transportation Secretary Sean Duffy highlighted the revoked non-domiciled CDLs among a list of one-year accomplishments to support the trucking industry.

The move comes as the administration has vowed to find ways to refill the Strategic Petroleum Reserve, which has seen additional declines during the Iran war.

Shell, which recently announced the acquisition of Canadian oil and gas producer ARC Resources, cut its quarterly share buyback and raised its dividend.