SK Shipping and H-Line Shipping agreed to swap vessel contracts and cash, creating one of the world’s largest LNG carrier operators.

Oil prices eased on Aug. 13, helping to limit worries about inflation. The price for a barrel of Brent crude oil fell 2.5% to $86.75.

Ford said it will stop importing Lincoln Nautilus SUVs from China and expand Lincoln production in the United States beginning in 2030.

Maersk, Hapag-Lloyd and DP World reported strong trade demand, with Maersk raising its full-year outlook for the second time in seven weeks.

PPI rose 4.7% in July from a year ago, down from a much larger 5.5% increase in June. On a monthly basis, wholesale prices were unchanged from June to July, after they ticked down 0.1% the previous month.

The refunds to consumers are the last step in a monthslong process that kicked off in February when the Supreme Court struck down sweeping tariffs implemented by President Donald Trump in March 2025.

GOP lawmakers from five states are seeking federal legislation to create nationwide trucking safety standards to curb what they describe as frivolous lawsuits.

Drivers are paying an average of $4 a gallon for gasoline and $5.40 a gallon for diesel in the second week of August for the first time.

With two months left in the fiscal year, the deficit so far for fiscal 2026 totals $1.8 trillion, Treasury Department data showed Aug. 12.

PMTA's Rebecca Oyler says ATA's National Truck Driving and Step Van Driving Championships and CVSA;s North American Inspectors Championship share a mission of making highways safer.

Retailers are benefiting from greater consumer resiliency than might have been expected, but the chains creating the most consistent demand are discount stores.

The buying splurge is being spearheaded by China’s state-owned agricultural traders, with the private sector largely sitting on the sidelines because the trade isn’t commercially viable.

The world faces a shortfall of 1.8 million barrels a day this quarter as “renewed hostilities and maritime disruptions” derail a production recovery in the Middle East, according to IEA.

Proficient Auto Logistics will buy Hansen & Adkins for $130 million in a deal that would make the combined entity the largest auto hauler in North America.

Ann-Marie Campbell, senior executive vice president, will oversee day-to-day operations, and CFO Richard McPhail will lead financial management and the company’s subsidiaries involving professional contractors. 

The escalating rhetoric raises further doubt that any immediate deal can be reached over the strait, through which a fifth of the world’s oil flowed before the U.S. and Israel started attacking Iran on Feb. 28.

Consumer prices rose 3.4% in July from a year ago, down from 3.5% in June, and up 0.1% from June.

Okuda served as president then chairman of Toyota from 1995 through 2006. He is especially remembered for having led the development of the gas-electric hybrid Prius, introduced in 1997.

The price of a barrel of Brent crude rose 0.19% to $89.08. U.S. gasoline prices edged 2 cents higher overnight to a national average of $4.04 per gallon, according to AAA. 

As the conflict extends into a sixth month, consumers around the world are once again facing the prospect of higher fuel prices and inflation.