[Stay on top of transportation news: Get TTNews in your inbox.] China’s 10% additional tariff on vehicles with larger engines imported from the U.S. took effect Feb. 10 as the two countries failed to ...
The oil market is in “a race against time” as the factors that combined to restrain price rises from the Iran war stand to come under strain if the Strait of Hormuz stays closed into June, according ...
Kentucky reduced gasoline and diesel taxes by 10 cents per gallon starting May 11 under an emergency order. The state estimates the tax cut could save $26.8 million combined over a one-month period.
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 ...
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 ...
[Stay on top of transportation news: Get TTNews in your inbox.] The Trump administration asked the U.S. trade court to pause a ruling that declared the president’s latest 10% global tariffs unlawful ...
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.
The FAA approved Boeing’s protocols, allowing MD-11 and MD-11F cargo jets to return to service after months of grounding following a fatal UPS crash last year. The grounding followed a Kentucky crash ...
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 ...
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 ...
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 ...
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 ...
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