Oil Shippers Pause Offers of Vessels to Middle East
Vehicles jam a highway as a fire blazes nearby in the Shahran in Tehran on June 15. (Atta Kenare/AFP/Getty Images) Some oil tanker owners and managers have paused offering their vessels for Middle Eastern routes since June 13 as they assess the risks from Israel’s conflict with Iran, fueling concerns ...more
US to Buy 6 Million Barrels of Oil for Emergency Reserve
Crude oil pipelines at the U.S. Department of Energy's Bryan Mound Strategic Petroleum Reserve in Freeport, Texas. (Luke Sharrett/Bloomberg News) ...more
Yellow Gains Financial Targets Waiver
Yellow also said it had sold a terminal in Compton, Calif., for $80 million. (Yellow Corp.) Yellow Corp. will not ...more
Diesel Prices Jump an Average of 3.9¢ to $3.806 a Gallon
The current 3.9-cent rise in the national average diesel price trails only an 8-cent increase Jan. 23 for this year. ...more
Wyoming Lands $13 Million Grant to Improve Interchange
An overview of the project. The interchange at I-80 and I-25 is a critical freight corridor for local, state and ...more
Used Car Prices Fall Most Since Pre-Pandemic
Used cars for sale at Big Motoring World's showroom near Chatham, U.K. (Chris Ratcliffe/Bloomberg News) Used car prices in the ...more
Class 8 Truck Sales to Blast Past Previous 2023 Expectations
The Freightliner eCascadia is an example of legacy brands introducing "cleaner" versions of their trucks. (Freightliner) New registrations for U.S. ...more