Trump’s Easter Ultimatum: Open the (Expletive) Strait or Else

Pete Hegseth is lying about the US blockade of Iranian ports. On April 12, after JD Vance announced that talks with Iran had failed, Trump declared a naval blockade of Iranian ports and coastal areas. CENTCOM clarified that the blockade would be enforced against vessels of all nations entering or departing Iranian ports, but would not impede […]

UBS Says Transport Stock Rout Is "Overdone" After Amazon News UBS senior analyst Tom Wadewitz, who covers freight transportation, told clients that Amazon's latest push to open its supply chain network to businesses beyond its own marketplace triggered an "overdone" sell-off in transport names, including UPS, FedEx, and C.H. Robinson. Wadewitz said the risk is not new, noting that Amazon's supply chain service has been around since 2023. He said the pullback has created attractive entry points in select transport stocks, particularly UPS, FedEx, and C.H. Robinson. "While we view AMZN's...