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Updated: 1 hour 20 min ago

Oil Prices Soar Amid Fears About Escalation in Iran

Mon, 03/30/2026 - 07:44
President Donald Trump on March 30 threatened widespread destruction of Iran’s energy resources if a deal to end the war with Tehran is not reached soon.

Vehicle Missing in Cargo Theft of 12 Tons of KitKat Bars

Mon, 03/30/2026 - 07:20
Swiss food giant Nestlé says the cargo was stolen after leaving its production site in Italy last week for Poland.

Sysco to Acquire Restaurant Depot in $29 Billion Deal

Mon, 03/30/2026 - 06:59
The acquisition would create a closer link between Sysco and customers that rely on Restaurant Depot for supplies needed quickly in a high-margin industry segment.

Strike Continues for Third Week at JBS Meatpacking Plant

Fri, 03/27/2026 - 14:42
JBS said March 27 that it's operating the plant at limited capacity and has shifted beef production elsewhere to meet its customers needs.

US Finalizes Higher Biofuels Quota to Boost Domestic Demand

Fri, 03/27/2026 - 14:10
The rule requires refiners to mix a record 25.82 billion gallons of biofuels into conventional diesel and gasoline this year, EPA says.

First Brands to Sell 12 Brands Including Autolite for $25M

Fri, 03/27/2026 - 13:54
The 12 brands in the deal include Fram, Autolite and Trico, according to court documents dated March 25. 

T&I Chairman Graves Won’t Seek Re-Election

Fri, 03/27/2026 - 11:50
House Transportation and Infrastructure Committee Chairman Sam Graves will not seek re-election, ending a congressional career that began in 2001.

Hormuz Ship Traffic Stays Frozen Despite Move to Start Fees

Fri, 03/27/2026 - 11:41
Iran is trying to set up a tolling system, seeking payments of as much as $2 million per voyage through the waterway.

Consumer Sentiment Slips as Inflation Outlook Worsens

Fri, 03/27/2026 - 09:43
Consumers expect prices to rise at an annual rate of 3.8% over the next year from 3.4% a month earlier, the biggest increase since April 2025.

Oil Prices Rise Again After Wall Street Slump

Fri, 03/27/2026 - 09:30
Unlike earlier this week when Trump announced that talks with Iran were progressing, investors appear to be skeptical of the president's latest claim.

German Engine Maker Deutz’s Pivot to Defense Pays Off

Fri, 03/27/2026 - 09:05
The agricultural engine maker pushes deeper into defense, positioning itself to benefit from Europe’s rearmament drive.

Economists See War Pushing US Inflation Above 3%

Fri, 03/27/2026 - 08:40
The Bloomberg survey mirrors new estimates by the OECD, which sees higher inflation in the U.S. and other major economies.

China Starts Trade Probes Against US Before Xi-Trump Summit

Fri, 03/27/2026 - 07:55
The move is a direct mirror of steps President Trump took to revive his tariff agenda after the Supreme Court last month struck down some of his tariffs.

Brace for $200 Oil if War Lasts Until June, Macquarie Warns

Fri, 03/27/2026 - 07:40
Brent crude is on pace for a record monthly gain in March, as the war between the U.S., Israel and Iran has rocked the oil-rich Middle East.

US Insurance Program to Support Hormuz Shipping to Begin Soon

Thu, 03/26/2026 - 15:45
Treasury Secretary Scott Bessent said a U.S. insurance program meant to boost shipping through the Strait of Hormuz will begin soon.

NTSB Backs Revised House Aviation Safety Bill After Changes

Thu, 03/26/2026 - 15:00
A revised version of the House’s aviation safety bill now has the backing of the National Transportation Safety Board.

Shutdown Chaos at Airports Sends Hertz, Avis Shares Higher

Thu, 03/26/2026 - 14:30
Hourslong security lines at airports due to the partial government shutdown are paying off for car-rental companies like Hertz and Avis.

DHS Funding Clash Snares Progress on Transportation Issues

Thu, 03/26/2026 - 13:53
Key transportation priorities are being pushed to the sidelines as lawmakers remain locked in a funding standoff over the Department of Homeland Security.

Oil Traders Fatigued by Wild Price Swings Pull Back Flows

Thu, 03/26/2026 - 13:38
Four of the six largest swings ever seen in international oil benchmark Brent futures have come since the war started at the end of February.

Trailer Orders Slow as Fleets Shift Priorities

Thu, 03/26/2026 - 13:36
U.S. trailer orders in February came in below prior-year results as the sector began working down peak-season backlogs, according to ACT Research data.

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