For Iran, the U.S. blockade of its oil exports has snuffed out a key part of its military funding and severely hobbled the $300 billion economy.

Participating state police agencies were from Massachusetts, Connecticut, New Hampshire, New York, Rhode Island and Vermont.

Gov. Mikie Sherrill says such imports would violate federal law and noted at least one tanker carrying the fuel may be headed for the state.

Schaeffler, which supplies GM, BMW and others, said it’s responding to the downturn in the auto market and intensifying competition.

Saudi Aramco sold its oil for an average of $95.20 a barrel during the quarter, compared to $70.10 in the year-before quarter, the company said in a news release.

After falling nearly 8% on Nov. 2, Brent crude rose almost 2% to $106.50 per barrel early Nov. 3 after the U.S. attacked Iran's Qeshm Island.

Heniff Transportation Systems will develop a sweetener transload facility in Ohio dedicated to serving Cargill and its customers, Heniff announced Nov. 2.

The $36.8 billion funding lapse affects road, safety and bridge projects across the country as states and localities try to plan ahead.

Global shipping costs soared after ongoing fighting upended flows from the Middle East and Russia, sending ships on longer voyages to secure supplies.

AIT Worldwide Logistics agreed to acquire Sydney-based freight forwarder Connor Anderson International, expanding AIT’s operations in Australia.

A truck stopped on the highway shoulder is a hidden risk. KLLM Transport paired Fleetworthy Safety+ alerts with one rule: call every driver. Unauthorized stops fell to near zero.

Attention all driver recruiting and retention professionals! The 24th Annual Recruitment and Retention Conference returns February 24-26, 2027, with a clear focus: helping transportation leaders make smarter recruiting and retention decisions.

Longtime Chairman and CEO Alain Bédard told analysts and investors during TFI’s third-quarter 2026 earnings call that the carrier plans to raid its peers for manager replacements.

The production gauge notched its best reading since late 2021, data out Nov. 2 showed. A measure of new orders was the highest since July and remained well within expansionary territory.  

Oil prices dropped Nov. 2, with Brent crude down 5.9% to $106.65 per barrel. Still, that’s much higher than the roughly $65 that a barrel of crude was selling for at this time last year.

Canadian PM Mark Carney said the conversation built on recent discussions about the outlines of a deal that would create jobs, lower costs for families and protect Canada’s languages, culture and sovereignty.

BP agreed last year to sell a 65% stake in Castrol to U.S. investment firm Stonepeak Partners, marking a key milestone in the company’s efforts to reset its business after years of underperformance. 

BP said profit jumped to the highest in 18 years as soaring refining margins boosted earnings, speeding up the energy giant’s efforts to fix its balance sheet and pay down debt.

The FMCSA has set its sights on further hours-of-service flexibility and enhancing its safety measurement system in the coming weeks and months.

ACT Research reported that the average retail sales price increased 11.5% to $64,007 from $57,383 the prior year but was down 1.9% sequentially from $65,234.