With oil refiners skewing their output toward diesel and jet fuel, they inevitably produce less of other petroleum products, including gasoline.

Rather than announcing an open challenge against Iran, the U.S. is quietly coordinating with shippers willing to take a different approach.

The changes come three weeks after Jill Hazelbaker was promoted to the expanded role of president and chief corporate affairs officer.

The letters come ahead of the scheduled July review of USMCA, which can either be subject to annual reviews going forward, or renewed for 16 years.

Iran’s oil exports were sharply curtailed in May as a U.S. Navy blockade prevented any crude shipments, leaving about 80 million barrels stranded offshore, a nonprofit reported.

Under the OECD's prolonged disruption scenario, global growth slows from 3.4% last year to 2.1% this year and 1.8% in 2027, potentially pushing some economies into recession.

The report by the U.S. Trade Representative said Canada, Mexico, Taiwan, the U.K. and some other countries would face 10% additional tariffs for allegedly failing to enforce a forced labor import ban.

Following a two-week retreat, oil prices have climbed 10% this week. Brent crude oil, the international standard, climbed $2.22 to $98.22 per barrel on June 3.

QXO's $3 billion junk-bond offering to fund its purchase of rival TopBuild has received more than triple the amount in demand from investors.

WWEX Group and technology company Auctane announced the completion of their merger into ShipStation Global on June 1.

Pedigree Truck & Trailer Sales will open a $7.9 million, 11,887-square-foot flagship dealership in early October in Springfield, Mo., the company announced.

Big companies are goading workers to start using AI. Or they're gatekeeping access to it — the stance is evolving as computing costs mount.

USA Truck launched a revised driver incentive package that adds 5 cents per dispatched and paid mile through automatic payroll payments for eligible drivers.

The ITC finalized the duties after an investigation prompted by a February 2025 petition from a coalition led by Stoughton Trailers and Cheetah Chassis.

Trucking firms can offset high fuel prices with biodiesel as production of the biofuel rebounds after Renewable Fuel Standard volume requirements were finalized.

Melton Truck Lines said it is increasing mileage pay for all company drivers by 5 cents to 8 cents per mile, depending on experience.

Some Dollar General shoppers are cutting back on food and other household expenses due to rising gas prices, CEO Todd Vasos said on the company’s earnings call.

Used Class 8 truck sales plateaued with the retail, auction and wholesale markets driving mixed results for April, according to ACT Research data.

Brent crude, the international standard, slipped 0.1% to $94.96 a barrel. The levels are still well above the roughly $70 level they were at before the war.

Aluminum availability is under pressure as the U.S. struggles to resolve its war with Iran, while copper traders are bracing for a tariff decision.