Only five ships, including one Iranian oil products tanker, have passed through the Strait of Hormuz in the past 24 hours, Friday shipping data showed, after Iran seized two container ships this week and the U.S. continues to blockade Iranian ports.[#item_full_content]
Norfolk Southern’s Profit Down 27% After Derailment
Norfolk Southern railroad’s first-quarter profit fell 27% because it didn’t collect big insurance payments related to the East Palestine, Ohio, derailment, and its planned merger