The U.S. budget gap widened to $404 billion in October, up 42% from the same period a year earlier, Treasury Department data showed Nov. 12.

The U.S. Postal Service is moving to raise and make permanent its fuel surcharge, which the agency introduced for the first time earlier this year. 

It's getting late into 2026, and truck manufacturers still don't know what the price and total cost of ownership for model-year 2027 trucks will be on Jan. 1.

Combined imports at the Port of Los Angeles and the Port of Long Beach came in at 1,000,500 TEUs in October, just off September’s all-time high.

Despite efforts to find a buyer, none has so far emerged publicly, and oil traders and analysts are growing increasingly skeptical that any of the four vessels Russia says are carrying diesel will unload in the U.S. 

Freight rates strengthened in the third quarter as capacity constraints and rising costs gave the trucking industry greater pricing power despite soft demand.

The move is designed to meet surging demand for more fuel-efficient hybrid vehicles due in part to elevated gasoline prices, echoing rival Toyota’s broad hybrid-only shift on key models across its lineup. 

Brent crude, the international standard, rose 0.6% to $93.34 a barrel. Prices had eased earlier on signs of resurgent oil supplies from Saudi Arabia.

Industry executives expect replacement demand and improving freight conditions to support orders, with some purchases likely deferred rather than canceled.

It was not immediately clear what legal authority Trump has to double levies on imports following a Supreme Court decision earlier this year curtailing his tariff powers.

One of Canada’s largest oil producers and main railway operators are moving forward with a plan to ship crude oil to the northern British Columbia coast.

Lucid secured access to $1.75 billion in added liquidity from its largest investor, providing the troubled maker of EVs with more funding to execute its turnaround plan.

A longtime Uber Technologies executive leading engineering efforts for robotaxi partnerships and core services for maps and memberships is leaving the company.

Forward Air reported top-line growth for the third quarter Nov. 9 as freight demand bolstered ongoing capacity reductions.

The EIA increased its projected retail price of diesel next year to $5.03 a gallon, up from $4.49 a gallon, and gasoline to an average of $3.73 a gallon, up from $3.56 a gallon.

Loudon County Trucking’s acquisition of Roane revives PS Logistics’ strategic bent toward deal-making for expansion in the flatbed segment of the freight market.

The plant in Brampton, Ontario, once employed about 3,000 unionized workers but hasn’t been in production since late 2023. 

Kodiak AI will begin offering retrofitted autonomous tractors from three truck makers in the second half of 2027: International Motors, Peterbilt and Western Star.

Matt Salmon said he intends to advocate for carriers and ensure the industry has a voice in government decisions.

Gasoline remains about 19% above its seasonal average after Middle East conflict and other supply disruptions tightened global fuel markets.