Diesel prices jumped nationwide after U.S.-Israel strikes on Iran and subsequent regional retaliation. Distillate markets tightened as shipping risk in the Strait of Hormuz disrupted global oil flows.
International Motors reported steep declines in sales and revenue in Q4 2025 while tariffs added significant extra costs. Executives said order activity strengthened in early 2026 due to replacement ...
Airlines and other large fuel buyers have been loading up on oil derivatives contracts in recent days to keep their bills from spiraling as the U.S.-Iran war pushes prices to multiyear highs. The ...
Treasury Secretary Scott Bessent said that President Donald Trump’s plan to increase a 10% universal tariff up to 15% will likely be done this week. “That’s likely sometime this week,” Bessent said on ...
Kenworth on March 3 unveiled the C580 heavy‑haul truck, which will replace the C500 when production begins in January 2027. The C580 introduces Kenworth’s latest cab platform, expanded axle and ...
President Donald Trump said the U.S. will provide insurance guarantees and possible Navy escorts to keep oil tankers moving through the Strait of Hormuz. The move aims to stabilize energy markets ...
Ryan McCormack was confirmed as under secretary of transportation for policy with a focus on surface transportation and safety. John DeLeeuw was approved for a National Transportation Safety Board ...
Thoma Bravo agreed to buy WWEX Group and merge it with portfolio company Auctane in a deal valuing WWEX at almost $5 billion, according to people familiar with the matter. The combination creates a ...
Oil producers jumped on a chance to lock in prices for future sales as the crude market soared by the most since June, opening a window that had been scarce before the U.S. and Israel launched strikes ...
The Department of Labor plans to rescind a controversial independent contractor rule in a move welcomed by truckers. Secretary of Labor Lori Chavez-DeRemer announced Feb. 26 a proposed rule under the ...
ATRI ranked Chicago’s I‑294 at I‑290/I‑88 as the nation’s top freight bottleneck for 2026. Industry leaders say congestion delays burden truckers and add significant cost for consumers. ATRI’s ...
U.S. manufacturing expanded in February as ISM’s factory index held at 52.4, but input prices surged to the highest level since 2022. The jump in the ISM prices‑paid gauge and rising oil and metals ...