The commitment from the seven countries to raise production by 188,000 barrels a day comes after a virtual meeting they held April 3.

The price of a barrel of Brent crude, the international standard, jumped $2.23 to $110.40 a barrel.

Driving through work zones can be tricky — especially for professional truck drivers pulling 53-foot trailers, writes Asynt Solutions' Archie Scott III.

Rather than relying heavily on after-the-fact video review of drivers, fleets are increasingly using AI to process video and telematics inside the truck itself.

Schneider CEO Mark Rourke expressed optimism that the freight upcycle has finally taken hold while reporting first-quarter results April 30.

An Illinois trucker has been indicted for grand theft in Ohio for allegedly failing to pay nearly $22,000 in turnpike tolls. He may lose his Freightliner, too.

President Donald Trump said the federal government was still looking at a rescue plan for Spirit Airlines and would offer a final proposal. 

President Donald Trump claimed that the EU had failed to fully comply with a trade agreement negotiated with the U.S.

Spirit Airlines is preparing to cease operations after bailout talks with the U.S. government failed, the Wall Street Journal reported.

The Institute for Supply Management’s gauge of prices paid for manufacturing inputs climbed for a fourth straight month to a four-year high of 84.6.

The price for a barrel of Brent crude, the international standard, fell 2.2% to $107.96 on May 1, trimming its gain for the week to roughly 9%. 

Nissan expects to build a V6 engine-powered hybrid version of its Xterra SUV at its Canton, Miss., plant.

Funds managed by Black Diamond Capital Management said in an April 29 lawsuit that BDO’s audits did not comply with generally accepted auditing standards.

Exxon Mobil and Chevron exceeded profit expectations as higher oil and natural gas prices outweighed production outages from the Iran war. 

The Bridger Pipeline Expansion would carry up to 550,000 barrels of oil a day from Canada through Montana and Wyoming, where it would link with another pipeline.

President Donald Trump said he would remove some whiskey tariffs following a visit from King Charles III, a move that delivers a major trade concession to the U.K.

The longest partial shutdown in U.S. history ended April 30 as President Donald Trump signed a deal funding most of the Homeland Security Department.

The company said April 27 it had reached a settlement on litigation related to STG’s 2024 liability management transaction (LMT).

Rivian posted a narrower first-quarter loss ahead of the sales debut of its new R2 SUV that’s seen as critical to the electric-vehicle maker’s future.

Multiple individuals are facing diesel theft-related criminal charges for their alleged roles in separate crime rings in New Jersey, Florida and California.