Narrowing the Jones Act has curbed a roaring trade that was supplying East and West coast ports with fuel produced on the Gulf Coast, as well as crude oil and products used in refining.

It now costs $77 million to hire a very large crude carrier to move U.S. oil to Asia. The average in 2025 was $9.2 million.

The ATA study drew on data from more than 130 fleets representing more than 140,000 employee drivers and 9,000 independent contractors.

The public inquiry seeks to address complaints from farmers that they “face other barriers to acquiring agricultural equipment and the services required to keep equipment operating.”

Analysts generally view the transaction as strategically sound because it would expand C.H. Robinson’s brokerage scale while adding complementary services.

President Donald Trump signed an executive order Oct. 5 aimed at lowering diesel costs as high fuel prices continue to pressure trucking fleets. 

The storm arrives at a precarious time for oil markets. A shift westward could bring more offshore production and Gulf Coast energy infrastructure into the storm’s path.

The price for a barrel of Brent crude oil, the international standard, rose 1.5% to $102.10. That’s about $55 more than a barrel cost at this time last year.

The energy giant flagged a $42-a-barrel refining margin for the third quarter, up from $24 in the second quarter and far exceeding the previous high in 2022.

Most truck stops don't stock red diesel, and  it's uncertain whether federal tax obligations will be waived or merely postponed. 

“It’s killing the whole nation,” said Missouri farmer Marty Richardson, who is reluctant to harvest his rain-drenched corn fields as his machines will chew up more diesel in the mud and he can’t afford to waste a drop.

After a strong start to the year, North American Class 8 truck orders slowed further in September on uncertainty over upcoming emissions regulations.

Veteran executive David Yeager continued to reshape Hub Group’s management and oversight framework following the discovery of accounting errors at the carrier.

The Saudi Arabia-backed company said Oct. 5 that it assembled 2,954 EVs in the third quarter, down about 24% year-over-year and a 38% reduction from the previous three-month period.

The Oct. 5 announcement quickly sparked discussion across the transportation industry about its competitive and technological implications.

The conflict has led to widespread damage to oil pipelines, refineries, gas plants and dozens of tankers, racking up a bill for new investment that’s already in the tens of billions of dollars.

The gap in goods and services trade grew 13.7% from the prior month to $105.6 billion, Commerce Department data showed Oct. 6.

The acquisition will help better position Uber against rival DoorDash, the leading food-delivery platform in the U.S. 

Expanding its network in the prolific Permian Basin will enable Energy Transfer to feed more gas into its downstream network as booming U.S. exports and development of data centers drive demand for the fuel. 

Brent crude fell $1.99 to $98.33 per barrel. Analysts say upward pressures on oil prices have eased as larger volumes of oil have been crossing the Strait of Hormuz.