#USPS #ShippingIndustry #Amazon
www.businessinsider.com
The USPS is nearing a financial breaking point, postmaster general warns: 'We were thrown an anchor'
USPS risks losing a significant share of its Amazon shipping business.
The head of the US Postal Service is warning lawmakers that the agency would run out of cash within the next year unless Congress steps in.
#ShippingCosts #FuelPrices #Inflation
ca.finance.yahoo.com
Consumers set to pay the price as soaring fuel costs hit shipping industry: experts
MONTREAL -- Rising fuel prices caused by the war in Iran have begun to raise costs for Canadian shippers and ripple out to consumers, as fallout from the fighting filters into the broader economy.
#ShippingSafety #GeopoliticalConflict #MaritimeSecurity
nypost.com
NJ-based shipping company slams Iran's 'barbaric attack' on oil...
The crew of a US-owned oil tanker found themselves "fighting for their lives" earlier this week, after a "barbaric attack" by Iran left the ship engulfed in flames and forced all 28 seafarers to jump overboard in the middle of the night, the owner of the vessel said Friday.
#JonesAct #EnergyPrices #ShippingIndustry
apnews.com
What to know about the Jones Act as Trump considers a waiver during the Iran war
NEW YORK (AP) -- As the U. S. and Israel's war against Iran continues to upend energy markets and supply chains worldwide, the Trump administration says it might suspend maritime shipping requirements under a more than century-old law known as the Jones Act.
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#GlobalSupplyChains #MiddleEastConflict #ShippingDisruption
www.wsj.com
The Iran War Is Now Disrupting Global Trade
The effective closure of the Strait of Hormuz due to war in the Middle East is disrupting global supply chains.
Emanuele Grimaldi had a shipment of European cars bound for the Persian Gulf when U.
#MaritimeSecurity #StraitOfHormuz #ShippingIncidents
nypost.com
Three vessels struck by unknown projectiles in Strait of Hormuz
DUBAI -- Three vessels have been hit by unknown projectiles in the Strait of Hormuz, maritime security agencies and sources said on Wednesday, as one of the strikes led to a fire onboard a ship and forced most of its crew to evacuate it.
#StraitOfHormuz #ShippingCrisis #InsuranceIssues
www.npr.org
Will Trump's shipping insurance plan work? : The Indicator from Planet Money
Ships are stuck in the Strait of Hormuz thanks in part to insurance costs. Julien De Rosa/AFP via Getty Images hide caption
More than a thousand ships are stranded outside the Strait of Hormuz, bobbing in the water.
#SupplyChain #Shipping #GlobalEconomy
uk.finance.yahoo.com
Maersk suspends two shipping services due to Middle East crisis
COPENHAGEN, March 6 (Reuters) - Maersk, one of the world's biggest container shipping groups, said on Friday it has temporarily suspended two services linking the Middle East to Asia and Europe as the Iran conflict continues to disrupt global supply chains.
#GlobalTrade #ShippingIndustry #SupplyChainChallenges
www.cnbc.com
Maersk, a bellwether for global trade, suspends two key shipping services due to Iran war
The container ship Gunde Maersk sits docked at the Port of Oakland on June 24, 2024 in Oakland, California.
Danish shipping giant Maersk on Friday temporarily suspended two services linking the Middle East to Asia and Europe as the Iran war continues to disrupt global supply chains.
#Seafarers #MiddleEast #ShippingCrisis
uk.finance.yahoo.com
'We're powerless ... and hoping nothing hits us': trapped on a tanker as Iran war escalates
Thousands of seafarers are trapped on tankers in the Gulf after the strait of Hormuz was effectively closed to shipping by the escalating war on Iran.
