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Iran has escalated its attacks aimed at generating enough global economic pain to pressure the U.S. and Israel to end the war, targeting oil fields and refineries in a handful of Gulf Arab nations.

The Trump administration plans to release 172 million barrels from the U.S. emergency oil reserve as part of the coordinated effort by nations around the world to ease surging crude and fuel prices.

House Speaker Mike Johnson sought to calm concerns about rising fuel costs, saying the recent jump in prices will recede as the conflict with Iran stabilizes.

The Iran conflict has caused major disruptions to global supply chains that experts warn could ripple down to domestic trucking.

Starboard Value has amassed a stake of about $350 million in CarMax and sees an opportunity to accelerate the used car retailer’s turnaround under incoming CEO Keith Barr.

President Trump is preparing to invoke Cold War-era powers to pave the way for renewed oil production off the Southern California coast, a long-shot bid to help ease the global crude crunch.

Sentiment among senior executives in the LTL space is positive in outlook, and underlying manufacturing data is supportive even as conditions remain challenging.

DOT is preparing a series of autonomous-vehicle regulatory moves this year to further shape how the technology reaches commercial scale — including in the freight sector.

Torc is working with the Virginia Tech Transportation Institute through a state planning grant intended to help shape training for jobs linked to autonomous truck manufacturing.

Among the issues that will be investigated are taxes on digital services and alleged currency manipulation, according to the New York Times, which first reported the plans.