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New This Holiday Season: Discounts on Shipping Packages
Business

New This Holiday Season: Discounts on Shipping Packages

UPS and FedEx have loosened pricing as the carriers anticipate a weak peak. Source link

The Panama Canal Has Become a Traffic Jam of the Seas
Business

The Panama Canal Has Become a Traffic Jam of the Seas

More than 200 vessels are stuck on either side of the waterway as a serious drought cuts crossings. Source link

Ukraine Offers Plan to Bypass Russia's Black Sea Blockade
Business

Ukraine Offers Plan to Bypass Russia's Black Sea Blockade

Kyiv said it was opening temporary routes for civilian ships to sail from its Black Sea ports in a potential challenge to Russia’s attempt to

America's Truckers, Cargo Pilots and Package Carriers Are Fed Up
Business

America's Truckers, Cargo Pilots and Package Carriers Are Fed Up

Inflation and resentment are stoking heightened labor activism, with FedEx pilots rejecting a union-brokered deal. Source link

Fire on Car-Carrier Ship Off Dutch Coast Kills One
Business

Fire on Car-Carrier Ship Off Dutch Coast Kills One

The coast guard is investigating whether the blaze started in one of the electric vehicles onboard. Source link

Iranian Oil Is Stuck off Coast of Texas, but U.S. Firms Won't Touch It
Business

Iranian Oil Is Stuck off Coast of Texas, but U.S. Firms Won't Touch It

Companies that manage unloading tankers say they are too worried about Iranian reprisal to handle the captured oil on the Suez Rajan. Source link

Retailers Set Higher Bars for Free Shipping as Delivery Costs Surge
Business

Retailers Set Higher Bars for Free Shipping as Delivery Costs Surge

Macy’s, Neiman Marcus and Abercrombie are among merchants raising thresholds for what shoppers must spend to get free delivery. Source link

This Year's Most Buoyant Sector Was a Win for Value Investors
Finances

This Year's Most Buoyant Sector Was a Win for Value Investors

Cruise lines were the top performer of the second quarter and among the top U.S. stocks for the year. Their secret was low expectations. Source