The International Air Transport Association released a report on June 7 saying it now expects airlines worldwide to earn a combined $23 billion in net profit in 2026, down from $45 billion in 2025.

Oil prices fell back from gains on June 8. The price for a barrel of Brent crude oil, the international standard, fell $1.25 to $93 per barrel.

Two longtime Hub Group executives exited their leadership roles as the firm works to rectify accounting errors that will see it refile a series of earnings.

Amazon sold C$14 billion in high-grade bonds, the largest corporate debt offering on record in the currency, after drawing about twice that amount in demand. 

Bankrupt auto parts maker First Brands can seek creditor approval for a revised bankruptcy payout plan as a judge weighs whether to shift the case to Chapter 7.

Chairwoman Shelley Moore Capito said the panel is crafting legislation aimed at improving safety and reliability across the nation’s transportation network.

Most cars lose value the moment they leave a dealer’s lot. The Toyota RAV4 hybrid gains it.

The Plain City, Utah, native was CEO of Knight Transportation from 1994 to 2014. He was one of four founders of Knight Transportation in 1990.

There are currently 262 supertankers, each capable of hauling 2 million barrels of crude oil, on order at shipyards around the world.

The plan would have American allies deploy assets to the strait within days of a peace deal between the U.S. and Iran.

With the Strait of Hormuz largely closed by the Iran war and Middle East producers forced to cut output, the OPEC+ decision remains theoretical for the time being.

“We’re losing money hand over fist on gas,” Elevation CEO Steve Pruett said in an interview. “Gas is half our product, so it’s really maddening.” 

The USDA and the U.S. cattle industry have been racing to prevent an infestation since the pest was detected in Mexico late in 2024 after decades of being contained.

Ohio stopped issuing non-domiciled CDLs in September when Transportation Secretary Sean Duffy imposed a nationwide halt.

Sheinbaum has touted Olinia as a zero-emissions option for urban mobility that could help Mexico develop domestic supply chains and launch a national brand.

The spot rate for a 40-foot container to the U.S. West Coast from Asia was up 20%, to $3,933.

Brent crude, the international standard, was up $1.12 to $94.21 after jumping $4.60 a barrel overnight.

He was the lead Republican cosponsor of the Motor Carrier Act of 1980, which effectively deregulated the trucking industry by reducing government control. 

RNG is already powering heavy-duty trucks on American highways, and it’s time the trucking industry paid closer attention, writes Clean Energy's Clay Corbus.

For truck drivers and fleet operators, a line from rock legend Tom Petty captures the frustration of driver detention: “The waiting is the hardest part.”