General News
Oil Prices Rise With Iran Talks at Impasse
Brent crude to be delivered in July, which is where most of the trading is happening in the oil market, rose 2.3% to $101.38 per barrel.
Hormuz Loss of a Billion Barrels Is Set to Crash Oil Demand
The longer the strait stays closed, the more consumption is going to have to recalibrate lower to align with supply that has dropped at least 10%.
United CEO Says Merger Talks With American Have Ended
United Airlines CEO Scott Kirby on April 27 outlined the reasons for a merger, but said talks went nowhere because American didn’t go along.
VTNA, Mack Q1 Sales Fall on 25%-30% Plant Output Cutbacks
Volvo Trucks North America and Mack Trucks sales in the first quarter of 2026 fell a combined 34% year over year, parent company Volvo Group said April 24.
Perspective: Safety Drives Inclusion for Women in Logistics
Women represent about 40% of the logistics workforce, yet they remain underrepresented in key roles, write Irdeto's Lisa Spencer and UPS' Melanie Vittitow.
Duffy Asks States to Identify Worst Traffic Bottlenecks
Transportation Secretary Sean Duffy is asking governors and mayors to identify their worst traffic bottlenecks to obtain federal assistance to ease congestion.
Target Orders Relocation to HQ for Merchandising Teams
Target is requiring that some remote workers relocate to the retailer’s headquarters in what is the company’s largest return-to-office mandate in recent months.
Military Fuel Tenders Signal Shift From Hormuz-Linked Routes
An series of cargoes of military-grade fuel that is due to sail from the U.S. across the Pacific illustrates how far the Iran war has disrupted the oil supply chain.
Ford Rejects Claim of US-Focused Talks With Geely
Ford Motor Co. denied a news report that it has held talks with Geely Automobile Holdings about bringing Chinese car technology to the U.S. market.
Geodis Expands Healthcare Network With Chicago Cold Chain Hub
Geodis opened its first dedicated healthcare cold chain cross-dock facility in the Americas, the company announced April 22.
NTSB Recommends Alcohol Detection Systems for School Buses
The NTSB recommended for the first time that all new school buses be equipped with alcohol detection systems that can disable the bus.
Volvo Raises Europe Truck Market Forecast After Orders Jump
Volvo now sees Europe’s heavy-duty truck market at 310,000 units this year, from 305,000 previously.
Knight-Swift Posts Q1 Net Loss as Market Conditions Improve
Knight-Swift Transportation reported a first-quarter net loss but cited improving conditions as excess and invalid capacity exit the freight market.
Norfolk Southern Profit Falls 27% in Q1
The derailment in East Palestine, Ohio, has boosted earnings in recent quarters as the railroad collected insurance payments, but that wasn't the case this time.
Businesses Pay Up to $4 Million to Cross Panama Canal
While passage through the waterway usually comes at a flat rate via reservations, companies without reservations can cross by paying an additional fee.
Oil Prices Fall on Jones Act Extension
The price for a barrel of Brent to be delivered in July, which is the more popular contract for traders, retreated to $93.77 after rising as high as $101.
White House Extends Jones Act for 90 Days to Ease Oil Crunch
The Trump’s administration has given a 90-day extension to a shipping waiver making it easier to move oil, fuel and fertilizer around the U.S.
Acquisitions Lift Mullen Group Revenue to Q1 Record
Mullen Group’s record first-quarter revenue was primarily driven by acquisitions, the Canadian carrier noted in its earnings report April 23.
Rare Diesel Cargoes Move From US West Coast to Australia
The trade route from the West Coast to Australia is rarely used, but it has become a way for the continent to address fuel shortages since the Iran war began.
Used Vehicle Sales Lift Ryder Q1 Results, 2026 Guidance
“Outperformance was driven by higher retail volumes relative to our expectations, and retail pricing was stable sequentially,” said Ryder CEO John Diez.