The global oil market is focused on the fallout from the halt of the East-West pipeline, which was the primary link that helped Saudi Arabia to circumvent the turmoil in Hormuz.

Brent crude fell 1.1% to $107.59 a barrel, but is still far above the $70 per barrel before the U.S. and Israel attacked Iran in late February.

McLeod Software is rolling out new AI capabilities, including a virtual assistant that will come with the next version of its core transportation management system.

Retail sales rose 1.2% last month after recording a revised 0.5% dip in July, according to Commerce Department data released Sept 16.

Canada is seeking to reduce its dependence on the United States, the destination for roughly 70% of its exports, and Prime Minister Mark Carney has called for a “unique alliance” with the EU.

Loved ones of the 67 people who died last year when an airliner and Army helicopter collided over Washington urged Congress and regulators to do more to prevent similar tragedies.

A company linked to Grupo Traxion Executive President Aby Lijtszain Chernizky plans to launch a tender offer for as much as 100% of the Mexican logistics company’s shares.

David Yeager returned to the company as chairman and CEO, and Patrick O’Donnell has joined the company as a special adviser and chief financial officer-elect.

Tesla’s battery-electric Semi tractor made its European debut, bringing the OEM's challenge to established commercial vehicle manufacturers across the Atlantic.

Cummins, which has offered the X15N in North America for the past two years, showcased the natural gas-powered version of its largest truck engine at IAA Transportation.

Freightliner is adding workers at its Saltillo, Mexico, manufacturing plant as production ramps up across North America, Daimler Truck CEO Karin Radstrom said.

Daimler Truck and Volvo Group are partnering with technology and energy companies to build out Germany's hydrogen fueling infrastructure.

Initially seen as a stepping stone to battery-only vehicles, plug-in hybrids are more popular as drivers demand more electric power to help offset surging fuel prices. 

The meetings between the two sides are also likely to result in an agreement to lower duties on Chinese inputs for manufacturers. 

Tom McLeod said the industry is riding a rate rebound driven by the winnowing of excess hauling capacity that had contributed to a four-year rate recession.

The jump in flows comes just as oil prices are soaring again after drone strikes shut down Saudi Arabia’s East-West pipeline.

Disruptions in the Red Sea and Strait of Hormuz have benefited the container shipping industry by tying up vessel capacity and tipping the supply-demand balance in favor of shipowners.

A quarter-point increase in the Fed's rate, currently about 3.6%, isn't guaranteed because Fed Chair Kevin Warsh doesn't provide the signals about next moves that his predecessors did.

Brent crude gained 0.3% to $106.94 a barrel. Prices for Brent and U.S. benchmark crude are up more than 50% since the Iran conflict began in late February.

China has fulfilled more than half of its annual U.S. soybean purchase pledge, offering a bright spot for trade between the world’s two largest economies.