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Federal truck safety bill takes aim at lawsuit abuse
GOP lawmakers from five states are seeking federal legislation to create nationwide trucking safety standards to curb what they describe as frivolous lawsuits.
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Diesel, gasoline prices hit record August highs
Drivers are paying an average of $4 a gallon for gasoline and $5.40 a gallon for diesel in the second week of August for the first time.
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U.S. posts record July budget deficit of $432 billion
With two months left in the fiscal year, the deficit so far for fiscal 2026 totals $1.8 trillion, Treasury Department data showed Aug. 12.
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Perspective: NTDC, NAIC competitors prove excellence matters
PMTA's Rebecca Oyler says ATA's National Truck Driving and Step Van Driving Championships and CVSA;s North American Inspectors Championship share a mission of making highways safer.
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Werner's Leathers sees peak season prospects shaping up well
Retailers are benefiting from greater consumer resiliency than might have been expected, but the chains creating the most consistent demand are discount stores.
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Private traders sit out, testing China pledge on soybeans
The buying splurge is being spearheaded by China's state-owned agricultural traders, with the private sector largely sitting on the sidelines because the trade isn't commercially viable.
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Oil prices flat over Strait of Hormuz stalemate
The price of a barrel of Brent crude fell 0.1% to $88.84. U.S. gasoline prices edged 2 cents higher overnight to a national average of $4.04 per gallon, according to AAA.
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Oil supply crunch worsens as Iran war escalates, IEA says
The world faces a shortfall of 1.8 million barrels a day this quarter as "renewed hostilities and maritime disruptions" derail a production recovery in the Middle East, according to IEA.
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Proficient Auto Logistics buys Hansen & Adkins for $130M
Proficient Auto Logistics will buy Hansen & Adkins for $130 million in a deal that would make the combined entity the largest auto hauler in North America.
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Home Depot CEO Ted Decker takes medical leave of absence
Ann-Marie Campbell, senior executive vice president, will oversee day-to-day operations, and CFO Richard McPhail will lead financial management and the company's subsidiaries involving professional contractors.
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