The federal excise tax landed on the statute books in 1917 and remains there, crimping sales of new trucks and inhibiting the industry’s ongoing push toward greater environmental progress.

The century-old maritime law that requires American ships be used to transport goods between U.S. ports would get a 30-day exemption.

North American Class 8 truck orders jumped year over year in February, climbing more than 150%, with ACT Research preliminary data showing orders rose 156% to 46,200 units.

Experts say prolonged high gas prices may drive some EV interest and sales, especially if drivers assume their electricity prices won't be affected by the crises.

“The United States is the largest oil producer in the world, by far, so when oil prices go up, we make a lot of money,” Trump posted on social media.

The gap in goods and services trade shrank more than 25% from the prior month to $54.5 billion, Commerce Department data showed March 12.

Iran has escalated its attacks aimed at generating enough global economic pain to pressure the U.S. and Israel to end the war, targeting oil fields and refineries in a handful of Gulf Arab nations.

Prices of fuels like diesel and jet fuel are surging as refineries in the region reduce production or shut completely, while fuel makers elsewhere balk at high crude prices.

House Speaker Mike Johnson sought to calm concerns about rising fuel costs, saying the recent jump in prices will recede as the conflict with Iran stabilizes.

The Iran conflict has caused major disruptions to global supply chains that experts warn could ripple down to domestic trucking.

President Donald Trump indicated he would tap the U.S. Strategic Petroleum Reserve to help ease oil prices that have soared amid the war with Iran.

Starboard Value has amassed a stake of about $350 million in CarMax and sees an opportunity to accelerate the used car retailer’s turnaround under incoming CEO Keith Barr.

President Trump is preparing to invoke Cold War-era powers to pave the way for renewed oil production off the Southern California coast, a long-shot bid to help ease the global crude crunch.

Sentiment among senior executives in the LTL space is positive in outlook, and underlying manufacturing data is supportive even as conditions remain challenging.

DOT is preparing a series of autonomous-vehicle regulatory moves this year to further shape how the technology reaches commercial scale — including in the freight sector.

Torc is working with the Virginia Tech Transportation Institute through a state planning grant intended to help shape training for jobs linked to autonomous truck manufacturing.

Among the issues that will be investigated are taxes on digital services and alleged currency manipulation, according to the New York Times, which first reported the plans.

The Paris-based organization said it will make 400 million barrels of oil available from its members’ emergency reserves in an effort to calm surging oil prices.

The data has been overtaken by a conflict that began when the U.S. and Israel attacked Iran on Feb. 28. Gas prices have jumped sharply and are expected to fuel higher costs broadly. 

The announcement came as the White House sought to quell concerns about rising energy prices due to the war in Iran. Trump is weighing several possible options to lower the cost of oil and gasoline.