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FedEx has eclipsed rival UPS as the largest U.S. parcel carrier by market value for the first time. The shift in market value leadership marks a historic reversal for the two biggest U.S. parcel carriers.

Panama Ports cites the Central American nation's “illegal state takeover” of the Balboa and Cristobal ports, and challenged a Feb. 23 executive decree it said authorized the seizure of its assets.

Canal revenue increased 8%-10% in the first five months of its fiscal year 2026, which started in October, compared to the same period a year earlier. The canal saw a record $5.7 billion in FY 2025. 

Maersk will temporarily halt its FM1 Service, which connects the Far East to the Middle East, and its ME11 Service, which links the Middle East to Europe, according to a notice to customers on March 6.

A review of shipping signals have confirmed only two commercial transits in the past 24 hours, the Joint Maritime Information Center said in a note on March 6.

CK Hutchison's plans to sell its global ports are at an impasse a year after the deal was announced, with hopes pinned on a meeting between Donald Trump and Xi Jinping to yield a breakthrough.

Amazon.com's website and mobile app malfunctioned for some users March 5, with critical features like product listings and checkout options producing error pages. 

The Postal Service hired consulting firm Alvarez & Marsal in recent days to develop a plan, Postmaster General David Steiner said March 4 in an interview.

With ships unable or unwilling to transit the Strait of Hormuz, producers cannot export, supertanker costs are skyrocketing and storage at many Persian Gulf refineries is filling up fast. 

The conflict in the Middle East creates additional unknowns. “The whole issue of supply chain reliability will become more important,” CEO Stefan Paul told journalists on March 3.