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While operating in a soft freight market that has been squeezing margins, carriers of all sizes have been relying on fuel cards for savings at the pump and tighter control over fuel spending.

“It’s the rockets and feathers effect,” said Christopher Knittel, professor of energy economics at the Massachusetts Institute of Technology. “When things are going up — they go up fast.”

The most immediate impact from the escalating Middle East conflict is through��market reaction��as investors take flight to safe havens such as the dollar and gold, while stocks slump.

Runaway freight is one of the most tangible market responses to a conflict that began on Feb. 28 and culminated with the vital Strait of Hormuz choke point all-but closing to tanker traffic.

A shipowner’s once-in-a-generation��wager��on oil tankers has made it so powerful that it controls an overwhelming majority of supertankers that can collect American oil��next month.

Millions of people in the northeastern U.S. were stuck at home under road travel bans and��blizzard warnings��Feb. 23 as heavy snow and strong winds intensified, creating whiteout conditions.

Sinokor’s aggressive buying has spooked the market, traders say, in turn dramatically driving up the cost of freight as nervous charterers rush to book space��in case prices rise further in the future due to the concentrated ownership.

Tesla will offer two versions of its long-awaited Class 8 battery-electric tractor, the Semi, the electric vehicle manufacturer confirmed.

The additions will raise Love’s truck parking space total to 52,000 spots nationwide by the end of 2026, the company said.��Love’s currently operates 669 locations in 42 states.

The Trump administration hosted 55 countries at a critical-minerals summit Feb. 4, pitching price floors and a flood of U.S. private equity in a bid to reduce dependence on China.