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Top Stories: Page 9

Canada Trade Surplus Grows by Over 430% in August
According to government data released on October 6, Canada's trade surplus grew from $787 in July to four-year high of $4.2 billion in August.
Photo: iStock / Iskandar Zulkarnaen
Trump Temporarily Allows Truckers to Use Dyed Diesel
Whether promised savings for truckers will actually be realized remains an open question.
Photo: iStock/vitpho
Ukraine War Escalates as Black Sea Drone Strikes Hit Cargo Ships
The attacks reflect how the Black Sea is becoming an increasingly precarious corridor for agricultural trade.
A container ship approaches the Black Sea port of Varna, Bulgaria. Photo: iStock/sandsun
Nike to Nearshore More Production as It Seeks to Shrink Itself
The sportswear company wants to make its supply chain “more flexible, more responsive and more efficient,” COO Venky Alagirisamy said during a meeting with employees.
Photo: iStock/Wirestock
Shadow Fleet Traffic Surges Along Northern Sea Route
At least 50 shadow fleet oil tankers and 18 LNG carriers were seen traveling the NSR between mid July and mid September.
Photo: iStock.com/lyash01
CMA Closes $1.4B Deal to Acquire FedEx Supply Chain
The combined business between CMA and FedEx Supply Chain will operate 150 warehouses, growing CEVA's North American workforce to 20,000 people across 240 locations.
Photo: iStock/Miguel Perfectti
Renewed Hormuz Attacks Put Gulf Oil Rebound at Risk
Seven of the vessels were attacked near the narrowest part of the Strait of Hormuz, while it remains unclear where the eighth attack took place.
Image: iStock/Alones Creative
CH Robinson to Buy Logistics Firm RXO in $5.8 Billion Deal
RXO shareholders are expected to own 11% of the combined company upon closing.
Photo: Bloomberg
Hackers Breached Propulsion System of U.S.-Bound Oil Tanker
In late August, a joint team of Coast Guard and FBI personnel boarded the VL Prosperity after it lost communications.
A VLCC at sea. Photo: iStock/Teamjackson
G7 Releases a Third of Diesel, Crude Stockpiles
The G7 agreement is an attempt to placate the U.S. President, who has threatened to cut off Europe’s vital supply of U.S. diesel.
Photo: iStock/Bet_Noire
Smaller Trucking Companies Are Approaching Financial Breaking Point
Financial writer Rich Duprey says record diesel prices, rising insurance premiums, and higher maintenance expenses are colliding with freight rates that haven't kept pace.
Photo: iStock / shaunl
Amazon Jet Lacked Wind Data Before Miami Crash, NTSB Says
Federal Aviation Administration procedures require controllers to provide wind direction and velocity when a tailwind exists.
An Amazon.com cargo plane on Sept. 7, one day after it overran the runway at Miami International Airport in Miami. Photographer: Joe Raedle/Getty Images
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