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American Trucking Associations President and CEO Chris Spear has left the federation, ATA Chairman Greg Hodgen announced Aug. 21.

With sparse details, Trump announced that the U.S. would be imposing an “unprecedented” level of economic warfare and isolation on Iran, aiming to force its leadership to fully reopen the Strait of Hormuz.

Stronger demand and improved sentiment boosted hiring to its fastest pace since January 2025, while easing input costs helped support growth.

Truck tire manufacturing at Hankook’s Clarksville, Tenn., plant is running at 30% of capacity after the start of operations in May, the chief executive says.

The shuttling tankers have helped the OPEC producer sustain flows and keep global markets supplied, emulating a similar move by the UAE to transport oil out of the Persian Gulf through the Strait of Hormuz.

Brent crude, the international standard, fell 0.1% to $93.67 a barrel. It was trading at roughly $72 per barrel before the start of the war. 

Used tractor pricing increased 6%, and truck pricing rose 3% year on year in the second quarter of 2026, Miami-based Ryder said when releasing its Q2 earnings.

Faced with high prices, dwindling savings and slowing wage growth, Americans are searching for deals and unique merchandise while shying away from big purchases. 

Deere estimated net income for the fiscal year between $4.75 billion and $5 billion, compared with its previous outlook for $4.5 billion to $5 billion.

The nation's busiest port processed 499,552 TEUs in July. That’s 8% lower than the record set for July last year, but 6% higher than the port’s five-year average for the month.

Brent crude, the international standard, surged 2.4% to $93.83 a barrel. It was trading at roughly $72 per barrel before the war.

Panama’s government in February seized the Balboa and Cristobal ports after its Supreme Court ruled that a concession held by CK Hutchison’s subsidiary to run the two ports was unconstitutional.

Walmart’s U.S. e-commerce business, which has become an engine of growth for the retailer, rose 24%, trailing the first-quarter pace of 26%.

The record showed participants’ inflation outlooks were “highly uncertain” and the re-escalation of the Iran war “clouded the inflation outlook.”

Pennsylvania regulators can now impose civil penalties of up to $25,000 on unlicensed commercial driver training schools under a new state law.

The move under discussion would generally halve U.S. tariffs on imports of the two metals, which currently face a 50% rate.

Refineries processed 17.4 million barrels of crude oil on a daily basis last week, according to EIA. That surpassed any point since September 2019.

U.S. trailer orders defied seasonal expectations in July, though the resulting gain from the prior year was against lukewarm results.