Nearshoring has further evolved supply chains this year even as tariffs and geopolitical risks have complicated the process.

UPS is set to expand its North American Air Freight capabilities by debuting time-definite heavy airfreight service to and from Mexico for the first time.

North American motor carriers recently faced heightened scrutiny over logging driver hours and cargo securement during the annual Roadcheck enforcement blitz.

Consultants and analysts gathered at OPEC’s Vienna headquarters for a technical meeting on June 1 warned that it will take many months to return to prewar operations.

The Institute for Supply Management's manufacturing gauge rose 1.3 points to 54, according to data released June 1. Readings above 50 indicate growth.

BP executive William Lin will leave the company as it undertakes an overhaul of its senior leadership. The executive vice president of gas and low carbon will remain in the office until Q3.

Oil companies are rushing to secure giant tankers to ensure they can transport barrels after the industry was upended by war and the largest vessel-buying spree in a generation, DHT's CEO says.

QXO agreed to buy insulation company TopBuild for about $17 billion, making QXO the second-largest publicly traded building products distributor in North America.

CEO John Smith said the potential of Memphis, Tenn.-based FedEx Freight would only now be truly unleashed.

The Trump administration said that it intended to appeal a federal judge’s order to allow all companies that paid the invalidated duties to seek refunds, not just the ones that filed lawsuits.

Brent crude oil, the international standard, rose 3.3% early June 1 to $94.16 per barrel. 

Shipowners are increasingly optimistic about a pickup in traffic through the Strait of Hormuz after more vessels left the waterway this week.

Congress returns to Capitol Hill on June 1 after the Memorial Day recess to re-engage in midterm election politics driven by partisan affordability messages.

Lawmakers are weighing legislation that would ban carmakers with ties to foreign adversaries, a measure that threatens to upend Mercedes-Benz's U.S. business.

Tomatoes, ubiquitous in everything from fast-food burgers to haute cuisine, are taking on a new role beyond the plate: A nagging reminder of rising costs.

Pickups were made for work. They became icons of a rural ideal, potent enough to inspire and populate many a country song.

Twenty-nine of the 109 bigger vessels, which were stranded when the Strait of Hormuz was effectively shuttered after the conflict erupted on Feb. 28, have crossed the chokepoint.

Ford’s newfound status as a possible beneficiary of the artificial intelligence boom sparked an investor frenzy, with its stock surging more than 40% in May.

Toyota’s decision underscores how major automakers are recalibrating their electrification goals as demand growth slows and government incentives become less certain.

Chevron would not consider paying a toll to move ships through the Strait of Hormuz, CEO Mike Wirth said.