While shipowners and insurers lined up to welcome the ceasefire, they also warned that more details will be needed to determine if safe transit is possible.
April 8, 2026Search
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Maersk Faces Arbitration Over Panama Port Takeover
A unit of Hong Kong’s CK Hutchison said that Maersk had undermined a contract over operations of ports at either end of the Panama Canal.
April 8, 2026Oil Prices Plunge Toward $95 a Barrel on US-Iran Ceasefire
The price for a barrel of benchmark U.S. crude oil plunged 15.6% to $95.32. Brent crude, the international standard, tumbled 13% to $95.12 per barrel
April 8, 2026Love’s Opens New Locations in Montana and New Mexico
Love’s Travel Stops opened new locations in Laurel, Mont., and Albuquerque, N.M., the company announced April 2.
April 7, 2026DOT Budget Blueprint Lifts FMCSA Funding to $946 Million
Under the proposal, motor carrier safety operations and programs would be funded at $398 million, while motor carrier safety grants would total $548 million.
April 7, 2026Trucking-Backed Cargo Theft Bills Move to Michigan Senate
Two companion bills intended to deter cargo theft by imposing higher criminal penalties are moving through the Michigan Legislature.
April 7, 2026US Shale Drillers Expected to Lift Crude Output
The 68% surge in crude prices since the Iran war began roughly five weeks ago is incentive enough to compel American oil executives to ramp up output.
April 7, 2026Shipping Constraints Mount as US Crude Exports Test Limits
Constraints in infrastructure and supply are likely to keep U.S. oil flows well below headline capacity figures often cited at around 10 million barrels a day.
April 7, 2026
Oil Prices Rise Ahead of Trump's Deadline to Reopen Hormuz
The price for a barrel of benchmark U.S. crude climbed 3.9% to $116.83. Brent crude, the international standard, added 0.7% to $110.55.
April 7, 2026