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Updated: 9 min 59 sec ago

Biodiesel Output Rebounds as Trucking Seeks Fuel Cost Relief

Tue, 06/02/2026 - 14:13
Trucking firms can offset high fuel prices with biodiesel as production of the biofuel rebounds after Renewable Fuel Standard volume requirements were finalized.

Melton Lifts Truck Driver Pay Range to 60-70 Cents a Mile

Tue, 06/02/2026 - 14:00
Melton Truck Lines said it is increasing mileage pay for all company drivers by 5 cents to 8 cents per mile, depending on experience.

Dollar General Shoppers Cut Back on Food as Gas Prices Rise

Tue, 06/02/2026 - 12:12
Some Dollar General shoppers are cutting back on food and other household expenses due to rising gas prices, CEO Todd Vasos said on the company’s earnings call.

Used Truck Market Shows Stability Despite Mixed Signals

Tue, 06/02/2026 - 12:02
Used Class 8 truck sales plateaued with the retail, auction and wholesale markets driving mixed results for April, according to ACT Research data.

Oil Prices Dip; Still No Agreement to Reopen Hormuz

Tue, 06/02/2026 - 09:34
Brent crude, the international standard, slipped 0.1% to $94.96 a barrel. The levels are still well above the roughly $70 level they were at before the war.

Copper, Aluminum Prices Rise on Global Demand, War Outlook

Tue, 06/02/2026 - 09:11
Aluminum availability is under pressure as the U.S. struggles to resolve its war with Iran, while copper traders are bracing for a tariff decision.

Orange EV Lands Record Order, Including 600 Trucks

Tue, 06/02/2026 - 09:00
Orange EV said the orders reflect a shift in yard operations as more organizations move from limited tests to larger deployments of electric terminal trucks.

EU Lawmakers Clear U.S. Trade Deal for Final Approval

Tue, 06/02/2026 - 08:24
The EU is under a tight deadline to implement the trade pact, as Trump has vowed to hit the bloc with new levies if it doesn’t approve the agreement by July 4. 

GM Pickup Truck Plant Could Shut Down Over Supplier Strike

Tue, 06/02/2026 - 08:04
Union workers at axle supplier Dauch walked off the job in a labor dispute. GM has enough of the parts on hand to last about two weeks, a spokesman said. 

U.S. to Lower Tariffs on Farm and Construction Equipment

Tue, 06/02/2026 - 07:40
Under a proclamation issued late June 1, those import taxes would drop to 15% from 25%. The changes take effect June 8 and would run through the end of 2027.

Top U.S. Ports Face Chaotic Global Supply Chain Changes

Tue, 06/02/2026 - 07:00
The largest U.S. containerports are adapting to a volatile geopolitical situation that is reshaping global supply chains and altering freight movement.

Smith: Freight Market Recovery Won’t be in a Straight Line

Mon, 06/01/2026 - 16:39
Carriers and shippers can expect a few bumps on the freight market’s road to recovery even as rates continue to climb, FedEx Freight CEO John Smith says.

Nearshoring Withstands Tariffs, Geopolitical Upheaval

Mon, 06/01/2026 - 16:00
Nearshoring has further evolved supply chains this year even as tariffs and geopolitical risks have complicated the process.

UPS Targets Cross-Border Growth With Airfreight Expansion

Mon, 06/01/2026 - 15:32
UPS is set to expand its North American Air Freight capabilities by debuting time-definite heavy airfreight service to and from Mexico for the first time.

CVSA Roadcheck Blitz Checks for Secure Records and Cargo

Mon, 06/01/2026 - 14:00
North American motor carriers recently faced heightened scrutiny over logging driver hours and cargo securement during the annual Roadcheck enforcement blitz.

Analysts Tell OPEC+ Hormuz Disruption to Last Through 2026

Mon, 06/01/2026 - 13:32
Consultants and analysts gathered at OPEC’s Vienna headquarters for a technical meeting on June 1 warned that it will take many months to return to prewar operations.

U.S. Manufacturing Activity Expands by Most in 4 Years

Mon, 06/01/2026 - 12:26
The Institute for Supply Management's manufacturing gauge rose 1.3 points to 54, according to data released June 1. Readings above 50 indicate growth.

New BP CEO O'Neill Prepares Leadership Shakeup

Mon, 06/01/2026 - 11:35
BP executive William Lin will leave the company as it undertakes an overhaul of its senior leadership. The executive vice president of gas and low carbon will remain in the office until Q3.

Oil Companies Scramble for Ships to Secure Transport

Mon, 06/01/2026 - 10:07
Oil companies are rushing to secure giant tankers to ensure they can transport barrels after the industry was upended by war and the largest vessel-buying spree in a generation, DHT's CEO says.

QXO Kicks Off $3B Loan Sale in M&A Debt Deal for TopBuild

Mon, 06/01/2026 - 09:27
QXO agreed to buy insulation company TopBuild for about $17 billion, making QXO the second-largest publicly traded building products distributor in North America.

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