The latest ruling by the South Asian nation, which has already imposed restrictions on wheat and sugar exports, would affect about 25% of total rice shipments from India.

Is it time to unravel the trade ties that bind the U.S. and China? Or are the economies of the two countries too “deeply intertwined” to sever?

UPS said that it is pleased to be continuing contract negotiations and that it's prepared to meet some of the union’s demands for better pay and more benefits.

Wheat prices grew by 8.2% on the European stock exchange from July 18 to July 19 while U.S. wheat futures rose by 8.5%. 

The country didn’t export a single LNG cargo during June and has dispatched only one shipment so far in July.

The union said that a board overseeing the Teamsters' pension and welfare funds will suspend benefits starting July 23 unless Yellow Corp. makes the payments it missed July 15.

Slovakia, Hungary, Romania, Bulgaria and Poland will still let Ukrainian food exports move through their land to other parts of the world.

The global logistics industry generated $9.83 trillion in 2022, meaning the sector will experience a compound annual growth rate (CAGR) of 5.6% from 2023 to 2032.

As inflation lingers, the tough times for the freight industry are likely to continue. But shippers and carriers have the power to combat rising costs.

The U.S. Department of State said the two countries will explore opportunities to diversify and expand the global semiconductor market.