General News
Cosco Shipping Warns of Uncertainties as Iran War Escalates
Ongoing tensions in the Middle East are amplifying volatility in global supply chains, Cosco said.
MSC Buys Stake in South Korean Tanker Giant Sinokor
Sinokor has been snapping up very large crude carriers, giving it unprecedented control over a big share of the global fleet.
Uber to Invest Up to $1.25 Billion in Rivian in Robotaxi Bet
Uber or its fleet partners will buy 10,000 autonomous Rivian R2 robotaxis and make them available on the Uber app starting in San Francisco and Miami in 2028.
NHTSA Escalates Safety Probe of Tesla's 'Full Self-Driving'
The move heightens scrutiny of technology that underpins Tesla’s future ambitions around autonomous driving and robotaxi operations.
Brent Crude Hits $119 as Iran Attacks Key Energy Facilities
The attacks added to fears the energy crisis triggered by the closure of the Strait of Hormuz may cause lasting damage to oil and gas production.
Clarience Companies Unveil Latest Innovations at TMC
Representatives from Truck-Lite, Pressure Systems International, Road Ready, Davco Technology and Rear View Safety introduced their latest innovations.
House Republicans Approve Stronger CDL Guidance
House Republicans advanced legislation to toughen English-language requirements for CDL holders, accelerating a priority highlighted by President Donald Trump.
Movers Scrutinize Military Shipment Award Process Reforms
The military can further improve its process for which companies are rewarded shipments within the moving and storage industry, according to a panel of experts.
Venezuelan Crude Oil Import Surge Reshapes US Supply Mix
Imports of Venezuelan heavy crude doubled in the week leading up to March 13, reaching the highest since late 2024, according to U.S. government data.
Vance to Join Oil Executives at High-Stakes Energy Meeting
The meeting will take place at the American Petroleum Institute and involve members of the U.S. oil and gas trade group’s board, according to sources.
Trump DOT Focuses on Faster Projects, Fewer Grant Programs
Deputy Transportation Secretary Steven Bradbury outlined DOT's highway policy and funding goals as work begins on the next surface transportation bill.
Fed Holds Rates as War in Middle East Fuels Uncertainty
The Federal Open Market Committee voted 11-1 to hold the benchmark federal funds rate in a range of 3.5% to 3.75%. Governor Stephen Miran dissented.
Stoughton Trailers Touts 40 MPH Rear-Impact Test Results
Stoughton Trailers announced at the 2026 TMC Annual Meeting it has surpassed industry standards with a rear-impact test of 40 mph.
Michelin Debuts AI Retread Platform, Predictive Tire Tech
Michelin rolled out AI-driven TreadVision to automate retreading and unveiled Smart Predictive Tire monitoring for fleets operating Classes 7 and 8 tractors.
Iran Lists Gulf Energy Targets
Tehran warned of imminent retaliation against refining, petrochemical and natural gas assets in the region after its own giant South Pars gas field was struck.
EVs Avoided the Use of 2.3M Barrels of Oil a Day in 2025
Those fossil fuel savings are expected to increase every year for the rest of the decade as more drivers turn to battery-powered vehicles.
Fuel Transport Expands Toronto Dedicated Fleet Operations
Changing customer dynamics drove the decision. Toronto-bound freight lanes were growing busier, and the company wanted to minimize empty miles.
Hendrickson Unveils Watchman for Real-Time Wheel-End Insight
Hendrickson launched its new Watchman advanced wheel-end sensor system, which the company says will assist fleets in predictive maintenance.
Wholesale Prices Came in Hot at 3.4% in February
The Labor Department reported March 18 that its producer price index rose 0.7% from January, and 3.4% from February 2025.
Elliott Takes Stake in Japanese Shipper Mitsui OSK Lines
Reuters reported the that Elliott had taken the holding in an effort to urge Mitsui to review its real estate portfolio.