General News
Retail Sales Increase a Strong 0.9% in May
Sales got a boost from generous government tax refunds in both April and May, though economists say that cash cushion is starting to fade.
Iran Will Reopen Hormuz Under Deal With U.S., Officials Say
The U.S. agreement to immediately allow Iran to sell its oil freely represents a major concession that outstrips the terms of Iran’s 2015 nuclear deal with world powers.
DP World Seeks Return to U.S. Operations at Texas Port
DP World exited the U.S. port business in 2006 on security concerns raised by some American lawmakers citing Sept. 11 terrorists’ links to the United Arab Emirates.
Amazon FTC Ad Probe Could Bring Billions in Penalties
Amazon is facing a possible lawsuit from the FTC that may lead to billions of dollars in civil penalties over claims the e-commerce giant misled advertisers.
Rivian Cuts Hundreds of Jobs as It Rolls Out New EVs
Rivian Automotive is cutting hundreds of jobs as part of a push to reduce costs while it rolls out a new line of electric vehicles.
Connecticut Man to Be Sentenced for Bilking Amazon Logistics
A Connecticut man is awaiting sentencing in federal court for bilking $3.5 million from Amazon Logistics for 1,000 trailer movements that never happened.
Class 8 Sales Fall Year Over Year Despite May Gains
U.S. Class 8 retail sales continue to face buyer reticence even as improving market conditions spurred growing optimism in May.
Trucking Turnover Risk Rises With Freight Rebound
The Spring 2026 Truck Driver Survey showed a record 58.1% of drivers are looking for a new truck driving job, up from 46.8% during the same period in 2025.
Werner Sees Dedicated Contract Rates Start to Climb
Werner is seeing more benefits from the upcycle after bolstering its dedicated truckload operations with an acquisition at the start of 2026, executives added.
Import Prices Rise Most in Nearly 4 Years on War, AI Boom
The index rose 1.9% in May after a similar advance in April. From a year ago, it increased 6.7%, marking the fastest pace in almost four years.
U.S. at Odds With Allies Over How Easy It Is to Reopen Hormuz
European allies at the G7 summit in France disagree with President Trump's assertion that the Strait of Hormuz can reopen by June 19.
Higher Gas Prices Will Likely Outlast Iran War
Even after oil starts flowing again from the Middle East, it could take a while for consumers to see a difference at local fuel pumps, supermarkets and other places they shop.
Oil Prices Fall as Market Watches Iran Negotiations
Brent crude, the international standard, declined $1.82 to $81.35 a barrel. Benchmark U.S. crude was down $2.03 at $78.72 a barrel.
Unlicensed Truckers Found in Stops, Crashes Across U.S.
As access to non-domiciled CDLs tightens, law enforcement officers are increasingly citing truck drivers without valid credentials.
Buyer Reluctance Keeps Medium-Duty Truck Sales Down
ACT Research Vice President Steve Tam noted the medium-duty market is seeing a lack of commitment from buyers, much like their heavy-duty counterparts.
VTNA Upgrades Remote Over-the-Air Software Updates
Updates will now be possible overnight, during driver breaks or while trucks are parked, with a driver able to step away from the vehicle for the first time.
Wabash Adds Transport Trailer Sales to Canada Dealer Network
Wabash is expanding its Canadian dealer network through a partnership with Transport Trailer Sales, extending its reach in Greater Toronto and Eastern Canada.
Screwworm Spreads Beyond Initial Control Zone
While screwworm doesn’t affect food safety, it poses a risk to the U.S. cattle industry, as drought and high production costs have culled the nation’s herd to a 75-year low.
U.S. Oil Reserve Hits 43-Year Low
The Strategic Petroleum Reserve, created after the Arab oil embargo of the early 1970s, has dropped to a near-record low of roughly 340 million barrels, according to Energy Department data.
C3 Summit Highlights Yard Visibility
C3 Solutions used its Birmingham summit to make the case for real-time yard visibility and introduced C3 Hive-Catalyst, a platform connecting shippers, carriers, and partners around shared operational data.