The Persian Gulf produces oil that is particularly well-suited to refining to diesel and jet fuel, and supplies were already tight before the war.

Companies can't set their shipping budgets based entirely on what they did last year — that's a "recipe for disaster," says Brad McBride, CEO with Zero Down.

As part of its Fastport venture, Honda will roll out "micromobility" vehicles to deliver packages, groceries and food orders, offering alternatives to larger trucks and vans.

The government-owned corporation expects to save as much as $400 million Canadian ($291.96 million) annually by scaling back home deliveries.

The proposed 4.8% price hike will be reviewed by the Postal Regulatory Commission, and if approved, would go into effect July 12.

The protests, now in their third day, are against high fuel prices caused by the U.S.-Israel war against Iran.

Previous reports indicated that Amazon was initially considering a two-thirds reduction in delivery volumes with USPS.

Drivers who accept a buyout will receive a $150,000 lump-sum payment, with offers made to long-haul feeder drivers and regular package car drivers first, based on seniority.

The race to lower prices could ultimately undermine the very last-mile delivery networks that businesses and consumers have come to depend on.

As use of alternative carriers increases, carrier diversification is the new norm in supply chain, says Joshua Haun, vice president of business development at UniUni.