Werner Enterprises said its Q1 results reflected gains from strategic efforts to reposition operations, resulting in higher revenue and a narrowed net loss.

After the plans to go public fell apart, PlusAI stressed that it had “significant commercial momentum and remains strongly positioned for long-term growth.”

President Donald Trump told Axios he will not lift a naval blockade of Iran’s ports until he secures a deal with Tehran to address the country’s nuclear program.

Fleets are increasingly adopting connected trailer technology for real-time monitoring, better trailer health visibility and to diagnose and address problems early.

A Japan-linked oil tanker completed a rare transit of the Strait of Hormuz, as the effective closure of the waterway enters its third month.

U.S. crude exports surged to a record above 6 million barrels a day as the Iran war sends overseas buyers hunting for replacements to Middle Eastern oil.

Brent for delivery in July, which is where more of the trading is happening in the oil market, rose 4.9% to $109.51.

FMCSA has begun rolling out new identity-verification requirements for its Drug and Alcohol Clearinghouse aimed at curbing fraud in the online database.

There were three confirmed hijackings in the past week alone, with pirates boarding two cargo vessels and a tanker, according to the U.K. Maritime Trade Operations.

The extended closure of the Strait of Hormuz and extreme weather have jolted farm commodities prices to a two-year high.