Category : Trade


USPS Reaches Tentative Amazon Deal for 1 Billion Packages

The U.S. Postal Service has reached a tentative agreement with Amazon to handle 1 billion packages, reducing shipping volume by 20% instead of a feared 66% cut. This deal provides a financial lifeline for USPS, which relies heavily on Amazon for revenue.

Hormuz Blockage Threatens Global Food Supply

The closure of the Strait of Hormuz is disrupting fertilizer shipments, causing prices to spike over 40% in the US and threatening global food supplies with imminent price hikes.

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