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ships Hormuz

Brent crude, the international standard, fell 2.4% to $108.68 per barrel. But gasoline rose 3 cents overnight to $4.56 a gallon, according to AAA. 

The Eisenhower-era account, which helps states pay for infrastructure maintenance, will be central to upcoming votes on the highway reauthorization measure.

The DOJ said it filed criminal charges against four large makers of shipping containers for allegedly colluding to raise prices during the pandemic.

DOL said its ELP mandate will take effect mid-June “to allow the regulated community time to review and will be applied prospectively to filings thereafter.”

American Trucking Associations Chief Economist Bob Costello warned that trucking faces headwinds even as supply contractions drove first-quarter gains.

U.N. economists said global GDP growth is now forecast at 2.5% for 2026, down from 2.7% in January, and it could fall to only 2.1% “in a more adverse scenario.”

A global supply crunch has U.S. refineries producing jet fuel at a record pace while skewing output away from gas, setting up a potential production clash.

Maverick Transportation on May 13 said that its flatbed over-the-road drivers will receive a 4-cent-per-mile pay increase effective May 31.

The vote, more than 95% in favor at Shell’s annual meeting in London, raises the maximum long-term share award for CEO Wael Sawan from 600% to 900% of salary. 

Motor carriers are gaming out futures for the United States-Mexico-Canada Agreement and the implications for cross-border freight ahead of its July 1 deadline.

The housing market has been static as Americans wrestle with rising costs and other economic concerns.

FHWA Administrator Sean McMaster

Bridge projects are the centerpiece of FHWA's focus on infrastructure investments, Administrator Sean McMaster told business leaders and government officials.

Joe Jonas Target

Target Posts Strongest Sales Growth in 4 Years

New CEO Michael Fiddelke said he remained guardedly optimistic given where the company is in its operational overhaul.

Knight Transportation mechanic

AI Provides a Predictive Edge for Fleet Maintenance

Artificial intelligence is driving tangible improvements in fleet maintenance operations, including predicting parts failures and analyzing performance data.

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Amazon warehouse in New Jersey

The largest 3PLs in North America continued to face volatile business conditions last year, from compressed margins to tariff-driven supply chain upheaval.

Container ship in Long Beach

Global freight flows have entered a period of transformation as the U.S.-led trade war and other policy changes have upended the business landscape for international shipping.

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Week of May 18
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Officials are considering language that gradually restores the taxes on gasoline and diesel, potentially over more than a year, to avoid shortages.

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The settlement is the latest in a series between truck and engine manufacturers and the California agency related to nitrogen oxide emissions.

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Trump previously threatened to hike tariffs on European auto imports to 25% from 15% because the EU hadn’t moved quickly enough to implement the deal.

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