The Senate recently confirmed Ryan McCormack to serve as under secretary of transportation for policy, filling one of the department’s top strategic roles.

Thoma Bravo agreed a deal to acquire third-party logistics provider WWEX Group — a TT Top 100 logistics company — and merge it with an existing portfolio company.

“Spain has absolutely nothing that we need other than great people,” President Trump said. “They have great people, but they don’t have great leadership.”

U.S. District Judge Lewis Liman found March 3 that Transportation Secretary Sean Duffy’s move to end the program was “arbitrary and capricious.”

Energy Minister Tim Hodgson gave further details on the package March 3, including C$44 million for upgrades to the Northwest Transmission Line in northern British Columbia.

Shareholders including Blackstone, Carlyle Group, Hellman & Friedman and the Abu Dhabi Investment Authority are offering the shares, according to a filing the morning of March 3.

The conflict in the Middle East creates additional unknowns. “The whole issue of supply chain reliability will become more important,” CEO Stefan Paul told journalists on March 3.

A decision to tap the Energy Department’s Strategic Petroleum Reserve could help stanch prices spikes, at least temporarily. The reserve currently holds about 415 million barrels.

Shipowners and brokers are demanding more than $200,000 a day for LNG tankers in the Atlantic Basin, roughly double what they were commanding less than a day earlier, according to sources.

Oil producers jumped on a chance to lock in prices for future sales as the crude market soared, opening a window that had been scarce before the U.S. and Israel launched strikes on OPEC member Iran. 

Sunbelt Rentals Holdings made its U.S. stock-market debut March 2, amid a recent rush by investors into asset-heavy, capital intensive businesses that can’t be replaced by AI.

Freightliner Cascadias equipped with Torc’s software began testing in Michigan in February, adding to trials already underway on roads in the Dallas-Fort Worth area and in Virginia.

Secretary of Labor Lori Chavez-DeRemer announced a proposed rule to rescind a controversial independent contractor rule in a move welcomed by the trucking industry.

Agriculture traders rushed to adjust positions with the escalating conflict in Iran threatening to disrupt supply chains from corn and soybean meal to fertilizer and sugar.

Some carriers are canceling bookings temporarily, skipping some port calls, warning of delays and implementing surcharges to transport containers through the conflict zone. 

Trailer manufacturer Wabash is continuing to expand its parts and service center operations while trimming manufacturing capacity as part of a strategic pivot.

An appeals court rejected the Trump administration’s request to delay next steps in the fight over tariff refunds for importers after the Supreme Court struck down Trump's signature policy.

Chicago’s Interstate 294 at I‑290/I‑88 has been named the nation’s top freight bottleneck in 2026, according to a new analysis from the American Transportation Research Institute.

Here's the solution to the crossword puzzle found in the March 2, 2026 print edition.

“It’s the rockets and feathers effect,” Christopher Knittel, a professor of energy economics at the Massachusetts Institute of Technology. “When things are going up — they go up fast.”