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oil storage tanks

President Donald Trump demanded that energy producers push down crude prices following U.S. military strikes on Iran.

“It would be a shame to build these facilities and then all of a sudden you have to scale back on the most important part of it, which is people,” a Ford vice president told reporters.

Earlier this month, nearly 100 representatives of medium- and heavy-duty truck dealers gathered in Washington, advocating for common-sense policies supporting the trucking industry.

“It is with profound sadness and a heavy heart that I share that Frederick W. Smith, our founder and executive chairman, died earlier today,” CEO Raj Subramaniam wrote June 21.

Global markets appeared to take the U.S. strike against nuclear targets in Iran in stride as investors watched June 23 to see how Iran will react.

Canadian Prime Minister Mark Carney is advancing his pledge to pivot Canada away from its security reliance on the U.S., where it currently spends the vast majority of its defense dollars.

The Brazilian company is expected to price a three-part offering of debt due in 10, 30 and 40 years on June 23, according to a person with direct knowledge of the matter.

In the shale oil fields of Texas, North Dakota and New Mexico, executives are unlikely to change their capital budgets based on abrupt price moves from U.S. military strikes on Iran.

The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world’s most important oil chokepoint.

Tanker rates extended gains as tensions in the Middle East ratchet higher, with shipowners demanding bigger fees to call at ports in the Persian Gulf after the U.S. launched strikes on Iran.

Many trucking companies actively recruit members of the armed services transitioning to civilian life, but attracting, supporting and retaining military veterans can take extra work.

UPS truck lot

Transport Topics' 2025 Top 100 For-Hire Carriers list illustrates how weak freight market conditions have continued to squeeze margins for North America's largest motor carriers.

Tesla robotaxi

Tesla’s Modest Robotaxi Rollout Staged for Retail Investors

Tesla rolled out its long-promised driverless taxi service to a handful of riders June 22, a modest debut for what Elon Musk sees as a transformative new business line.

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Old Dominion Freight Line truck

Carriers across the various segments of the trucking industry navigated difficult business conditions in 2024 as freight market conditions remained unfavorable.

iTECH graphic

As artificial intelligence continues to advance, technology developers are beginning to introduce AI-powered virtual agents and assistants that could change how logistics work is done.

Fuel Prices

Week of Jun 16
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Top 100/ Top 50

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