The Postal Service is revamping its logistics and transportation network to speed up service and cut costs, but the postmaster general says more funds are needed.

Maersk and Hapag-Lloyd signaled confidence about resuming passage through the Red Sea, sending the container carriers’ shares down July 6.

Ocado Group CEO Tim Steiner will exit at the start of its 2028 fiscal year after a boardroom tussle at the British online grocery delivery firm.

Evergreen Marine confirmed authorities had searched its premises, adding that the company was fully cooperating with the investigation.