Venezuela can bolster oil production by 30% to 40% this year, an increase of roughly 300,000 to 400,000 barrels a day, according to Energy Secretary Chris Wright. There’s “enormous” interest among ...

President Donald Trump said the U.S. will provide insurance guarantees and possible Navy escorts to keep oil tankers moving through the Strait of Hormuz. The move aims to stabilize energy markets ...

As long as the Strait of Hormuz remains unsettled, the U.S. Navy faces millions of dollars in extra costs each time it sends a destroyer through the waterway, and such passages on their own are ...

Aramco, the world’s largest oil company, said May 10 its first-quarter profit jumped 25% as the Iran war disrupted oil supplies and raised prices. Dhahran, Saudi Arabia-based Aramco said it ...

Truck and engine executives said at a May 4 ACT Expo 2026 panel in Las Vegas that rapid technological change and external shocks are reshaping a historically cyclical commercial vehicle industry.

Major trucking groups opposed President Donald Trump’s call to suspend the federal gas tax as gasoline prices surge amid the war with Iran. They said gas tax holidays deliver negligible savings about ...

FedEx and Advent led a consortium launching a 15.60-euro-per-share bid to buy parcel-locker operator InPost in a deal valued at $9.3 billion. The offer, 50% above January trading levels, drew investor ...

The Department of Transportation said its trucking and highway agencies will continue normal operations during the federal government shutdown, supported by Highway Trust Fund revenue. Other DOT ...

Forward Air reported a first-quarter net loss of $40.2 million as revenue fell 5.1% to $582.1 million. A strategic review did not generate offers to sell the company, leading to a focus on divesting ...

Cattle prices won’t rise as much as previously expected in 2026, as the closure of a Tyson Foods plant is seen loosening competition for scarce U.S. supplies. The Department of Agriculture on Dec. 9 ...

The Top 100 Private Carriers on this list operate their own trucks to carry freight and are ranked on the basis of the total number of highway tractors in the fleet. To be included in the Top 100 list ...

U.S. diesel prices fell sharply in December and EIA forecasts a modest decline in 2026, with average retail prices expected to reach about $3.50 a gallon. Lower crude prices and a projected 2 million ...