Business, Commodities & Shipping News 2026

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  • President Donald Trump has proposed to impose a 20% fee on cargo passing through the Strait of Hormuz.
  • That could provide a “further disincentive” to ships transiting the Strait, executives warned.
  • Here’s how commercial shipping firms are reacting to the news.
www.cnbc.com

Global shipping industry sounds the alarm over Trump’s Hormuz toll plan

For shipping giant Hapag-Lloyd, it is "fundamentally wrong" to charge tolls for passage through international waters, regardless of the country in charge.
www.cnbc.com www.cnbc.com
 
www.cnbc.com

Stock futures edge higher as soft inflation reading lifts market: Live updates

Stocks climbed Tuesday after a cooler-than-expected inflation report bolstered hopes that the Fed may not need to raise interest rates as aggressively.
www.cnbc.com www.cnbc.com

www.cnbc.com

PayPal jumps 15% in premarket on report of Stripe, Advent $53 billion takeover offer

Stripe and Advent International have reportedly made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments company at more than $53 billion.
www.cnbc.com www.cnbc.com
 
  • Grocery unit sales fell 1.8% in June vs. last year as shoppers cut back, outweighing food inflation, new Bain data shows.
  • Groceries cost about 33% more than in 2019, driving consumers to buy less, switch to cheaper brands and hunt for deals.
  • PepsiCo, Walmart and Kroger are leaning into promotions, price cuts and value as the industry shifts from dollar growth to volume growth.
www.cnbc.com

U.S. grocery slowdown deepens as shoppers buy fewer items, raising pressure on food companies

New data show the U.S. grocery slowdown is deepening as shoppers buy fewer items, forcing grocers and brands to compete harder on price and value.
www.cnbc.com www.cnbc.com
 
Fearnleys Weekly

www.drewry.co.uk

World Container Index - 16 Jul

16 Jul 2026: Drewry’s World Container Index (WCI) fell 2% to $4,547 per 40ft container. The decrease indicates that the strong upwards momentum seen during the peak season is beginning to subside.
www.drewry.co.uk www.drewry.co.uk

Baltic Exchange Dry Index - Price - Chart - Historical Data - News

Baltic Dry fell to 2,840 Index Points on July 16, 2026, down 3.04% from the previous day. Over the past month, Baltic Dry's price has risen 7.05%, and is up 39.90% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for...
tradingeconomics.com tradingeconomics.com
 
splash247.com

Splash Wrap: Chokepoints under siege - Splash247

Over the past five days, the Hormuz crisis has worsened sharply. A 7,000 teu Global Feeder Shipping containership was attacked and caught fire, forcing the crew to abandon ship and prompting fresh US and Iranian strikes. Traffic fell to a five-week low as Tehran declared the strait closed, while...
splash247.com splash247.com
 

He Built the Uber of Trucks. Now 75,000 Trucks Run on His Platform​

Jul 18, 2026 #CNBC #CNBCMakeIt #Entrepreneur
Gaurav Biswas is the co-founder and CEO of TruKKer, a digital freight platform often described as an “Uber for trucks.”
Biswas did not come from logistics. He trained as a structural engineer and worked in real estate before a dinner-table argument with friends convinced him there was a better way to match freight with trucks.
The first version of TruKKer launched in India in 2015 but struggled to scale. The company paused operations there in 2016 and shifted its commercial focus to the UAE, where long-haul freight routes were easier to prove.
Today, TruKKer says its network connects more than 75,000 trucks with about 1,200 enterprise clients across the Gulf, Türkiye, South Asia and parts of Central Asia. The company has also secured up to $300 million in financing from Abu Dhabi Commercial Bank, backed by receivables from its freight network.
Watch the video to learn how Biswas turned a dinner-table idea into one of the region’s largest digital freight networks — without owning a single truck.


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