Large equipment was spilled across a North Carolina road after a tractor trailer overturned, damaging a bridge in the process.  The accident happened on Tuesday, June 3rd in Randolph County near Asheboro, North Carolina. According to WXII12, the tractor trailer was on northbound Interstate 73 near the Salisbury Street Bridge on NC-42 when it struck the ...more

A trucking company owner-operator is facing multiple federal charges after allegedly taking part in credit card fraud. On June 3, 2025, Hasan Korkmaz, 44, was indicted on charges of bank fraud, money laundering and aggravated identity theft, according to the U.S. Attorney’s Office for the Southern District of California.Korkmaz owns and operates Santee, California-based trucking ...more

(Andrey Rudakov/Bloomberg News) OPEC raised oil production last month as the group began a series of accelerated increases spurred by Saudi Arabia, according to a Bloomberg survey. The 12 members of the Organization of the Petroleum Exporting Countries boosted supplies by 200,000 barrels a day in May to 27.54 million barrels a day, the survey ...more

Shipping containers at the Port of Long Beach. (Bing Guan/Bloomberg) During the pandemic, as many as 100 giant containerships would idle off the Southern California coast, belching pollutants as they waited for a berth to unload cargo at the twin ports of Los Angeles and Long Beach. But traffic on the marine equivalent of L.A.’s ...more

The national average price for a gallon of diesel has tumbled 18,.8 cents a gallon since April 7. (alacatr/Getty Images) The national average price for a gallon of diesel dropped 3.6 cents to $3.451, according to U.S. Energy Information Administration data released June 3. Coupled with the 4.9-cent decline the week of May 26, trucking’s ...more

Chargers for EVs in Taiyuan, Shanxi province, China. Taiyuan became the first city to replace its entire fleet of taxis with electric vehicles. (Qilai Shen/Bloomberg) More and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an increasingly electrified economy. Government incentives are boosting ...more

A Joby Aviation electric vertical takeoff and landing aircraft. (David Paul Morris/Bloomberg) Joby Aviation Inc. is working toward an agreement to sell as many as 200 of its air taxis to a major Saudi Arabian investor in a deal potentially worth as much as $1 billion. Joby and Abdul Latif Jameel, a Jeddah-based group named ...more

Shipping containers are ready for transport at the Guangzhou Port in the Nansha district in southern China's Guangdong province. (Ng Han Guan/AP/File) WASHINGTON — U.S. economic growth will slow to 1.6% this year from 2.8% last year as President Donald Trump’s erratic trade wars disrupt global commerce, drive up costs and leave businesses and consumers ...more

A worker arc welds a metal door during production at the Metal Manufacturing Co. facility in Sacramento, Calif., on May 27, 2025. (David Paul Morris/Bloomberg News) U.S. factory activity contracted in May for a third consecutive month and a gauge of imports fell to a 16-year low as firms pulled back in the face of ...more

Maverick Transportation via YouTube Maverick Transportation increased pay for drivers in its glass over-the-road driving division, the company announced June 2. These drivers will see a 2 cents- to 7 cents-per-mile increase depending upon tenure and experience. This also brings starting pay for student glass drivers to 62 cents per mile. The starting salary for ...more