CFOs Take Center Stage at Global Fashion Summit
oil prices
‘Something Has to Give’: DHL CEO Sounds Alarm on Daily Oil Shortfall as Fuel Costs Climb
Tobias Meyer said hte logistics giant is in a good position to ride out the uncertainty.
Hormuz ‘Opening’ Proposal Faces Skepticism as Iran Seeks End to US Blockade
While Iran's proposal would pause attacks on vessels, the Trump administration is extending a Jones Act…
Younger People Are Opting for Iconic Design Objects, Lighting and Furniture, Amid Fashion Slowdown
A new generation of digitally native consumers is more educated about the historic, cultural and financial…
European Airports Risk Jet Fuel Shortage by May Due to Hormuz Crisis
Airports warned the E.U.'s transport commissioner of a "systemic" supply crunch within three weeks as Hormuz…
Oil Rate Increases Could Mean Shoe Prices May Rise This Summer
Oil has a role in every area of the shoe supply chain, and spikes in crude pricing over time means consumers…
USPS Moves to Add First-Ever Fuel Surcharge to Offset Oil Spikes
The proposed 8 percent price increase for parcel delivery comes as the courier warns of a cash shortfall and…
How the War With Iran Is Impacting the Footwear Sector
Soaring oil prices could result in rising shoe prices in about a three-month timeframe.
How the War With Iran Is Impacting the Footwear Sector
Soaring oil prices could result in rising shoe prices in about a three-month timeframe.
Air Cargo Rates Jump 10% as Iran War Strains Capacity, Fuel Costs
Jet fuel prices have nearly doubled from pre-war totals, prompting United Airlines to trim roughly 5 percent…
White House Waives Shipping Statute As Oil Prices Spike
The Jones Act, which specifies that cargo shipped between U.S. ports must be carried on ships that are built…
Hormuz Shipping Slowdown Spurs Port Congestion From India to Singapore
Iran's threats keep carriers away even as the U.S. unveils a $20 billion maritime reinsurance plan, with the…
US-Iran Clash Sparks Strait of Hormuz Blockade Threat Fears
A blockade would likely be a more targeted operation focused on U.S. and Israeli shipping, according to a…
New BGMEA Chief Warns of Shipping Disruption From Iran-Israel Conflict
Oil price volatility will directly affect logistics and energy costs, newly elected BGMEA president Mahmud…
Oil, Gas Prices Could Be Headwinds For Footwear Firms in Months Ahead
Higher oil and gas prices could impact footwear firms' operational costs, while consumer spending isn't…
Could AI’s Potential for Lowering Oil Prices Impact the Shipping Sector?
Goldman Sachs projects that, within five to 10 years, oil prices will drop because of AI. What might…