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Ongoing tensions in the Middle East are amplifying volatility in global supply chains, Cosco said.

“The probability of increasing pricing slightly or potentially increasing tariff surcharges over the year has increased,” said Eva Scherer, Daimler Truck CFO.

Sinokor has been snapping up very large crude carriers, giving it unprecedented control over a big share of the global fleet.

The attacks added to fears the energy crisis triggered by the closure of the Strait of Hormuz may cause lasting damage to oil and gas production.

Representatives from Truck-Lite, Pressure Systems International, Road Ready, Davco Technology and Rear View Safety introduced their latest innovations.

The military can further improve its process for which companies are rewarded shipments within the moving and storage industry, according to a panel of experts.

Imports of Venezuelan heavy crude doubled in the week leading up to March 13, reaching the highest since late 2024, according to U.S. government data.

Michelin rolled out AI-driven TreadVision to automate retreading and unveiled Smart Predictive Tire monitoring for fleets operating Classes 7 and 8 tractors.

Tehran warned of imminent retaliation against refining, petrochemical and natural gas assets in the region after its own giant South Pars gas field was struck.

Changing customer dynamics drove the decision. Toronto-bound freight lanes were growing busier, and the company wanted to minimize empty miles.