Truck News

Higher diesel prices mean more expensive transportation for a long list of everyday goods. 

North American Blue Energy Partners is aiming to increase production to 500,000 barrels a day by the end of 2028 from about 200,000 currently. 

Higher futures prices for diesel, seen as the workhorse of the global economy, typically ripple through to the pump and stoke inflation.

DHS launched a 24-hour tip line to report suspected commercial driver license fraud, the latest step in a federal crackdown on illicit activity in trucking.

Dockworkers at the busiest U.S. container gateway moved more than 2.9 million container units in June, July and August combined, marking the busiest three-month period in the port’s history.

The price of Brent crude, the international standard, jumped 4% to $105.26 a barrel, after rising 4.3% on Sept. 9.

The armed conflicts, trade wars and extreme weather events hammering maritime supply chains are signs of a “structural shift” for global trade.

Overall, Mexican commercial vehicle production in August totaled 16,389 trucks and buses, up 100.2% year on year. Production also jumped 24.9% month on month.

Freight analysis from data intelligence firm Kpler suggests daily earnings for VLCCs will stay above $100,000 a day into next year, more than double historical levels.

The Labor Department’s producer price index — which captures inflation before it reaches consumers — rose 5.4% in August from a year ago, up from 4.7% in July.