Transport Topics
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Filings for U.S. unemployment benefits unexpectedly increased, rising to a five-week high and adding to signs of potential cooling in the labor market.
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Suspected attacks on two commercial vessels near the Strait of Hormuz fueled expectations for higher shipping rates, driving up shares of companies that operate tankers.
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Ray Martinez, the country’s top trucking regulator, is scheduled to appear before the Senate Commerce Committee on June 19.
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EMarketer Inc., among the most widely cited sources for estimates of U.S. online retail sales, now says it expects Amazon to account for 37.7% of online commerce this year, down from a prior estimate of 47%.
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