China’s aggressive push to electrify its roads is getting a tailwind from the age of its car fleet. The average vehicle on Chinese roads is under seven years old, according to the latest figures from the Chinese Ministry of Public…
A bitter lobbying war has erupted between energy companies and maritime advocates over whether President Donald Trump should extend a 150-day waiver of the century-old Jones Act, which mandates that vessels transporting cargo between U.S. ports must be built, owned,…
Iran exported at least 57 million barrels of crude oil—roughly 2.2 million barrels per day—during a temporary easing of U.S. naval blockades on Iranian shipping through the Strait of Hormuz. The gap between blockades allowed Tehran to ramp up exports…
The United Arab Emirates informed OPEC that its crude oil production skyrocketed by 80% in June, reaching approximately 3.8 million barrels per day. This surge follows Abu Dhabi’s decision to exit OPEC’s production limits at the start of May, effectively…
The United States and Iran have exchanged strikes on July 13, with both countries claiming control of the Strait of Hormuz. The conflict has disrupted a key global oil and gas route, with Iran targeting vessels and traffic dropping sharply…
Oil prices have jumped and world shares are mixed after the U.S. carried out airstrikes and Iran retaliated. The price of Brent crude, the international standard, climbed as much as nearly 5% early on July 13 before falling back to…
The Federal Motor Carrier Safety Administration (FMCSA) has revived the English-language proficiency rule, which has resulted in about 2,000 drivers being sidelined monthly with out-of-service violations. The rule, which dates back to 1937, was unevenly applied for much of the…
The U.S. Supreme Court’s recent Montgomery v. Caribe Transport II ruling has raised the stakes for freight brokers, emphasizing the need for formalized vetting practices and strong record-keeping. The decision, which held that negligent-hiring claims against brokers are not pre-empted,…
The U.S. Supreme Court’s Montgomery v. Caribe Transport II ruling has increased scrutiny on carrier selection and risk management for freight brokers and motor carriers, with smaller brokers and carriers facing the greatest strain due to limited resources. Industry leaders…
A high-stakes policy fight is unfolding in Washington over a small segment of the 900 MHz wireless spectrum, with the Federal Communications Commission (FCC) now reviewing a proposal from NextNav to repurpose part of the band for a 5G-based backup…