General News
Scotseal X-treme HD Keeps Vehicles on the Road
Reliability is crucial in the world of heavy-duty vocational vehicles. When it comes to operating in harsh environments and demanding applications such as waste management, construction, mining, and forestry operations, vehicle equipment is constantly pushed to its limits. It’s these operating conditions that drive the development of the latest innovation from SKF Automotive: the Scotseal X-Treme HD seal.
Knight-Swift Posts Q1 Net Loss as Market Conditions Improve
Knight-Swift Transportation reported a first-quarter net loss but cited improving conditions as excess and invalid capacity exit the freight market.
Norfolk Southern Profit Falls 27% in Q1
The derailment in East Palestine, Ohio, has boosted earnings in recent quarters as the railroad collected insurance payments, but that wasn't the case this time.
Businesses Pay Up to $4 Million to Cross Panama Canal
While passage through the waterway usually comes at a flat rate via reservations, companies without reservations can cross by paying an additional fee.
Oil Prices Fall on Jones Act Extension
The price for a barrel of Brent to be delivered in July, which is the more popular contract for traders, retreated to $93.77 after rising as high as $101.
White House Extends Jones Act for 90 Days to Ease Oil Crunch
The Trump’s administration has given a 90-day extension to a shipping waiver making it easier to move oil, fuel and fertilizer around the U.S.
Acquisitions Lift Mullen Group Revenue to Q1 Record
Mullen Group’s record first-quarter revenue was primarily driven by acquisitions, the Canadian carrier noted in its earnings report April 23.
Rare Diesel Cargoes Move From US West Coast to Australia
The trade route from the West Coast to Australia is rarely used, but it has become a way for the continent to address fuel shortages since the Iran war began.
Used Vehicle Sales Lift Ryder Q1 Results, 2026 Guidance
“Outperformance was driven by higher retail volumes relative to our expectations, and retail pricing was stable sequentially,” said Ryder CEO John Diez.
Atlas Survey Signals Confidence in Corporate Relocation
The moving industry is facing economic constraints, even as 61% of companies expect to boost relocation budgets in 2026, according to an Atlas Van Lines survey.
Oil Executives Warn Trump of Price Surge Lasting Months
Executives have been quietly warning that the massive disruption to energy supplies caused by the war could last months — even after the fighting stops.
Florida Man Faces Federal Charges in Onion Cargo Theft
In total, produce and transportation costs resulted in losses of more than $600,000 to the victim companies, according to the U.S. Attorney’s Office.
ATA Truck Tonnage Continues to Show Signs of Turnaround
Truck tonnage posted its largest year-over-year gain in more than three years in March and delivered the best quarterly result in almost a decade, ATA said.
What Fleets Can Do About Rising Insurance Costs in 2026
Theft is becoming more sophisticated and members of Congress are trying to help carriers, but fleets can protect themselves and their customers.
Shell Says European Refineries Run Flat-Out to Make Jet Fuel
Europe is heavily reliant on imports of jet fuel, having lost its main source of external supply due to the closure of the Strait of Hormuz.
Shipping Through Hormuz Remains Largely Frozen
Security risks in the waterway escalated on April 22 after Iranian gunboats opened fire on commercial ships, while the U.S. blocked two of Tehran’s oil tankers.
Union Pacific Profit Up 5% as It Builds Toward Acquisition
Union Pacific delivered 5% higher earnings in Q1 as the railroad prepares to convince regulators that its $85 billion acquisition of Norfolk Southern is a good idea.
RNG Supplier Clean Energy Fuels Promotes Clay Corbus to CEO
Renewable natural gas producer and fueling station operator Clean Energy Fuels appointed Clay Corbus as CEO on April 23, replacing the retiring Andrew Littlefair.
Rerouted US Imports Avoiding Trump’s Tariffs Top $300B
About $300 billion worth of goods subject to U.S. tariffs are avoiding the levies annually and reaching the U.S. from Southeast Asia and Mexico.
Oil Prices Stay Above $100 in 8th Week of Iran War
Brent crude, the international standard, was up $1.27 early April 23 at $103.18 per barrel. Benchmark U.S. crude gained $1.21 to $94.17 per barrel.