Oil prices headed higher after jumping the day before due to uncertainty over when the Strait of Hormuz may reopen, getting the global flow of crude going again. President Donald Trump scoffed at ...

The sweeping new demands from Trump are almost certain to be rejected by Iran and come after Tehran reiterated requests for reparations over the weekend.

Daimler Truck does not expect to shutter any additional North American manufacturing plants as a consequence of plans to build its largest U.S. assembly facility.

CEO Karin Rådström said, “I think these penalties aren’t fair,” and Daimler Truck has “done its homework” by developing ...

JBS NV said Wesley Batista Filho will become global CEO in January, returning a Batista family member to the top role after about eight years. The leadership change matters because JBS is the world's ...

Foreign Minister Abbas Araghchi said a pact with Oman to establish a shipping route through the strait was “very close.” He ruled out direct talks with the U.S. for now.

FMCSA estimates the proposed rule could place 9,000 commercial drivers out of service each year. The proposal would codify existing FMCSA guidance and CVSA out-of-service criteria for English-language ...

Fewer owners are entering the Persian Gulf after attacks near Hormuz, tightening vessel supply and lifting benchmark earnings from about $200,000 before the war.

Bot Auto completed a 230-mile driverless commercial shipment in Texas without a human in the cab or remote operator. The run was booked by Ryan Transportation and chosen because overnight lanes are ...

CEO John O’Leary told reporters the plant would be the company’s largest truck manufacturing facility in the United States ...

The ongoing freight market rebound has a lot of road left on its journey following the longest downturn in industry memory, ...

Freight brokers have been weathering a dramatic shift in the legal and regulatory landscape. RXO is among the brokers that ...