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The escalating war has choked off oil and gas supplies to key customers in Asia and Europe and sent energy prices soaring.

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.

The U.S. oil futures rally took another move higher, sending prices to their highest in about 20 months as investors price in a prolonged war in the Middle East that could upend crude flows.

A judge has ordered the Trump administration to halt a step in the tariff payment process in order to make any refunds simpler after the Supreme Court struck down the president’s global tariffs.

A combination of front-loaded cargo late last year, shifting tariff expectations and uneven inventory drawdowns shaped the softer start for U.S. ports in 2026.

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.

A bipartisan group of senators recently introduced the Railway Safety Act, reviving legislation aimed at bolstering safety standards three years after a high-profile derailment in Ohio.