Consultants and analysts gathered at OPEC’s Vienna headquarters for a technical meeting on June 1 warned that it will take many months to return to prewar operations.

North American motor carriers recently faced heightened scrutiny over logging driver hours and cargo securement during the annual Roadcheck enforcement blitz.

Just one day after the Montgomery Supreme Court decision set off speculation that the case could open the doors to shipper liability on top of widening the legal exposure of brokers, a Texas court slowed down that talk in the…

The freight recession left its fingerprints on carrier margins, fleet headcounts, and the rows of idle trucks lining auction lots around the country. But if the downturn’s signature was oversupply and compressed values,…

BP executive William Lin will leave the company as it undertakes an overhaul of its senior leadership. The executive vice president of gas and low carbon will remain in the office until Q3.

The Institute for Supply Management's manufacturing gauge rose 1.3 points to 54, according to data released June 1. Readings above 50 indicate growth.

Norfolk Southern today appointed Brian Barr as chief operating officer. Barr, who led the mechanical department at Atlanta-based NS (NYSE: NSC) since 2024, succeeds Executive Vice President and Chief Operating Officer John…

It’s hurry up and wait for Union Pacific and Norfolk Southern. The Surface Transportation Board gave the railroads until July 27 – or longer – to submit more information after it conditionally accepted the partners’ revised…

Oil companies are rushing to secure giant tankers to ensure they can transport barrels after the industry was upended by war and the largest vessel-buying spree in a generation, DHT's CEO says.