General News
Fuel Costs Are Squeezing Fleets
Diesel is having its worst year in a decade. Early 2026 brought a supply shock tied to conflict in the Middle East, and prices jumped more than 40% in under two months. By spring, national averages were running $3.78 to $3.81 a gallon...
Hankook Tire Manufacturing in Tennessee
The U.S. commercial tire market requires more than product availability; it demands reliable supply, strong value, and tires engineered for the conditions fleets face every day.
Lucid stock caps big week despite bankruptcy report
Lucid Group Inc., the electric vehicle maker, said it isn’t considering a bankruptcy, and so far, the market believes it.
ArcBest to close 10 ABF Freight sites, cut 2% of workforce
The service centers are in smaller markets, and ArcBest plans to consolidate their operations into other facilities within the affected regions.
Cabotage enforcement cuts Mexican carriers in border zones
Mexican drivers and trucking operators have come under pressure from the Trump administration as federal agencies take a harsher stance on illegal activities.
Canadian oil refinery shutdown could crimp U.S. supply
The maintenance shutdown could potentially exacerbate fuel market tightness in northeastern U.S. states that rely on the plant for gasoline and diesel imports.
Volvo says EPA NOx proposal clouds truck sales outlook
“Let’s see exactly how it will play out now, because it has been a very recent development,” Volvo Group CEO Martin Lundstedt said during the Q2 earnings call.
Class 8 truck sales end year of declines with slight bump
U.S. Class 8 retail sales came in slightly above the previous year in June after a yearlong stretch of declines.
Truck operating costs rose 3.4% in 2025, ATRI finds
The average cost to operate a truck in 2025 was $2.336 per mile — the highest since ATRI’s Analysis of the Operational Costs of Trucking was launched in 2016.
Zoox recalls robotaxis after navigation issues through smoke
An unoccupied Zoox vehicle on June 20 approached the scene of a fire that was obscured by heavy smoke, braking hard while attempting to steer away before coming to a stop.
Gas prices head to $4 again in heart of road trip season
Average pump prices stood at $3.98 a gallon as of July 16, according to data from the American Automobile Association — up nearly 20 cents in just 10 days.
Wabash opens 2027 dry van trailer order book early
Green shoots were obvious to Wabash executives when the company reported Q1 earnings May 1, but customer interest outpaced expectations for Q2.
U.S. manufacturing stalls, held back by durable goods
Factory output, which accounts for three-fourths of total industrial production, was unchanged after an upwardly revised 0.1% increase in May.
BP, ConocoPhillips join on one of Iraq’s oldest oil fields
BP said ConocoPhillips will acquire 42% of its stake in a venture that’s redeveloping Iraq’s giant Kirkuk oil fields, a major revival target for the OPEC heavyweight.
VW CEO to meet with workers as he pushes additional cuts
Labor officials have sharply criticized Oliver Blume after details of the restructuring proposals, which could double the total number of job reductions to 100,000, were leaked in the media.
Oil prices on upswing as U.S. hits Iranian port
The price for a barrel of Brent crude, the international standard, rose 2% to $85.87 per barrel. Oil prices are near their highest level in a month.
Flash floods close highways across Texas Hill Country
Mandatory evacuations across the Texas Hill Country are underway as life-threatening flash floods wreck bridges and roads with more heavy rain expected overnight.
NTSB: full accelerator press preceded fatal Tesla crash in Texas
Federal investigators looking into a runaway Tesla that killed a grandmother in her home are suggesting the vehicle's self-driving software wasn't to blame.
U.S. to receive 50% of Gordie Howe bridge profit
Canadian Prime Minister Mark Carney defended his decision to give the U.S. a share of the profit from a new bridge between Ontario and Michigan.
DOT, DHS target 75 CDL training schools in fraud probe
This is the second interagency enforcement partnership; recently, DOT partnered with DHS Border Patrol agents to enforce federal cabotage laws.