General News
PCS Adds DAT One Load Board to Cortex
“Speed matters in a tight freight market — but carriers who win aren’t just moving fast, they’re moving smart,” said Mark Hill, CEO of PCS Software.
CN Railway Shares Post Biggest Drop Since 2021
Shares of Canadian National Railway slumped the most in more than four years after revenue came in below expectations in the first quarter.
Paccar Sees Truck Sales, Production Accelerating in Q2
North American Class 8 truck sales and production levels are set to accelerate significantly in the second quarter of 2026, according to Paccar executives.
Hormuz Oil Disruptions Trigger Web of Legal Disputes
The oil industry is wrangling over who should be liable for contracted shipments that weren’t delivered as a result of the Iran war.
Landstar Revenue Rises as AI, Geopolitics Shape Quarter
The Jacksonville, Fla.-based motor carrier posted net income of $39.4 million, or $1.16 a diluted share, for the three months ending March 31.
Trump Discussed Extended Blockade With Oil Executives
The meeting, described by a White House official, included representatives of Chevron as well as trading houses Trafigura Group, Vitol Group and Mercuria Energy Group.
First Tariff Refund Payment Set to Go Out May 11
Thousands of U.S. importers encounter issues with a new online portal designed to handle claims on the duties that were overturned by the Supreme Court.
Trump Tells Axios He Rejects Iran Offer, Keeps Blockade
President Donald Trump told Axios he will not lift a naval blockade of Iran’s ports until he secures a deal with Tehran to address the country’s nuclear program.
PlusAI Scraps Plans for Public Listing a Second Time
After the plans to go public fell apart, PlusAI stressed that it had “significant commercial momentum and remains strongly positioned for long-term growth.”
Oil Prices Jump 5%
Brent for delivery in July, which is where more of the trading is happening in the oil market, rose 5.3% to $109.92.
Werner Posts 14% Increase in Revenue, Narrows Net Loss in Q1
Werner Enterprises said its Q1 results reflected gains from strategic efforts to reposition operations, resulting in higher revenue and a narrowed net loss.
Old Oil Tanker Suggests Iran Is Bringing Back Retired Ships
Tehran could be using retired ships to keep loading oil. The U.S. blockade means tankers carrying Iranian oil remain stuck in the Persian Gulf or the Gulf of Oman.
US Crude Oil Exports Surge to Record
U.S. crude exports surged to a record above 6 million barrels a day as the Iran war sends overseas buyers hunting for replacements to Middle Eastern oil.
Fleets Use Trailers as Active Tools Against Cargo Theft
Connected trailer technology is transforming cargo-theft prevention from passive tracking to active access control, said Jeff Irish, general manager of Road Ready.
Strait of Hormuz Nears Third Month of Closure
A Japan-linked oil tanker completed a rare transit of the Strait of Hormuz, as the effective closure of the waterway enters its third month.
Crop Prices Highest Since 2023 on Hits From War, Weather
The extended closure of the Strait of Hormuz and extreme weather have jolted farm commodities prices to a two-year high.
FMCSA Expands ID Checks to Drug and Alcohol Clearinghouse
FMCSA has begun rolling out new identity-verification requirements for its Drug and Alcohol Clearinghouse aimed at curbing fraud in the online database.
Iran War Fuels Surge in Piracy Off Somalia Coast
There were three confirmed hijackings in the past week alone, with pirates boarding two cargo vessels and a tanker, according to the U.K. Maritime Trade Operations.
Trailer Sensors Bring Missing Visibility to Maintenance
Fleets are increasingly adopting connected trailer technology for real-time monitoring, better trailer health visibility and to diagnose and address problems early.
Cosco’s Profit Drops by Half as Lower Freight Rates Bite
Revenue dipped 11%, with the transpacific route seeing the biggest growth decline.