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Amazon has reached a new agreement with USPS, providing a lifeline to the beleaguered government agency and securing delivery for customers in rural America.

FedEx Freight incoming CEO John Smith will deliver the opening keynote in Las Vegas on May 4, weeks before the unit spins off from FedEx Corp. June 1.

President Trump said April 6 that reopening the strait was “a very big priority,” despite also saying in recent weeks that it wasn’t among the core objectives.

A Dallas executive helped thwart an alleged cargo theft by tracking a $240,000 load of copper apparently rerouted to California instead of Illinois.

Freight costs for very large crude carriers have surged. That’s creating a drag on export economics even as dock and pipeline capacities remain available.

The Institute for Supply Management’s gauge of prices paid for services and materials jumped to 70.7, the highest since October 2022.

Key producers led by Saudi Arabia and Russia agreed to increase targets for May by about 206,000 barrels a day.

The price for a barrel of benchmark U.S. crude rose 0.3% to $111.88 after erasing an earlier modest dip. Brent crude added 0.2% to $109.26 per barrel.

The strait saw 21 ships transit over the weekend as more governments negotiate to extract vessels, strengthening Tehran’s grip on the waterway.

Construction of the South Korean company’s expansion of the Clarksville, Tenn., plant, which began in December 2023, is scheduled to be completed in June.