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Benchmark U.S. crude was 6.8% higher on April 9 at $100.79 a barrel. Brent crude, the international standard, rose 3.7% to $98.24 per barrel.

Every twist in the Iran war shows up almost instantly in a $65 million exchange-traded fund that most investors have never heard of.

Just seven ships, all with a prior link to Iran, were observed making the voyage out of the Persian Gulf. Normal transits in both directions are more like 135 a day.

Project44 deepened its AI strategy by acquiring LunaPath, bringing execution-focused agent orchestration in-house to improve supply chain outcomes.

FedEx Freight plans to target improved market share among four segments of the less-than-truckload market as a stand-alone entity, according to top executives.

FedEx pilots reached a tentative labor agreement with the parcel company, marking a significant step toward resolving nearly five years of negotiations.

Companies across the transportation, logistics and industrial sectors are still succeeding in passing higher fuel and input costs on to customers — for now.

Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the U.S.-Iran ceasefire deal.

Canada-based carrier Kriska Transportation Group has acquired temperature-controlled trucking company Sharp Transportation Systems.

Surging prices for plastic caused by disruptions from the Iran war have pushed one U.S. toymaker to buy up more inventory than needed.