Claire Donovan 
A father in Allison Park, Pennsylvania, was trying to teach his son how to drive when two drivers made incredibly reckless maneuvers in front of them. The incident, which was captured on dashcam footage, shows one driver passing on the…
Oil prices have eased, taking some pressure off inflation, after jumping earlier in the week to their highest levels since May due to the ongoing war with Iran. Brent crude fell 3% to $104.44 a barrel, helping to take some…
The national average diesel price in the US has reached a record $6.05 per gallon, up from $3.70 last year, due to the US-Iran war disrupting fuel flows and pushing crude oil above $100 a barrel. This increase is expected…
The rubber and tire industry has seen a recent surge in natural rubber prices, which has left them ‘technically overbought.’ However, the El Nino weather pattern has continued to support prices, particularly for agricultural commodities such as rubber and palm…
Trucking companies, travel centers, and industry groups are preparing to show their appreciation for professional drivers during National Truck Driver Appreciation Week (NTDAW), which runs from September 13-19. Werner Enterprises, Pilot Co., Love’s Travel Stops & Country Stores, and Sheetz…
North American Blue Energy Partners (NABEP), a company backed by the Trump administration, plans to increase Venezuelan crude oil output to 500,000 barrels per day by the end of 2028, a 150% hike from the current 200,000 barrels per day.…
US diesel futures have surged above $5 a gallon for the first time since April 2022, amid global supply disruptions and escalating Middle East tensions. The price hike has raised concerns about inflation, as diesel is the fuel that powers…
The Port of Los Angeles has hit a three-month record, handling over 2.9 million TEUs from June to August. Despite supply chain disruptions and changing tariff policies, the port has seen strong import volumes, with over 955,000 TEUs processed in…
The Consultative Shipping Group, comprising 18 major shipping nations, has issued a warning that global trade is fracturing due to conflicts, trade disputes, and extreme weather events. The group’s statement, published by Denmark’s maritime authority, highlights the impact of the…
Global tanker freight rates have reached record levels, with daily earnings for Very Large Crude Carriers (VLCCs) nearing $800,000, as conflicts in the Persian Gulf and Red Sea disrupt oil transport. The surge is driven by increased voyage lengths, constrained…