Oil Prices Head Back Toward $100 on Ceasefire Skepticism: TT Daily

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TODAY’S NEWS

BUSINESS

FedEx Freight Eyes Market Share Gains as Stand-Alone Carrier

FedEx Freight plans to target improved market share among four segments of the less-than-truckload market as a stand-alone entity, according to top executives. Read more…

GOVERNMENT

States Weigh Motor Fuel Tax Holidays as Pump Prices Surge

Legislators in several states are calling for measures to temporarily halt motor fuel taxes to alleviate the impact of rising prices at the pump for residents. Read more…

SPONSORED CONTENT

Autel CV Diagnostics: Broad Coverage. Real Capability. Proven Value.

From a handheld triage tool in the cab to full 3-in-1 diagnostic platforms, Autel’s CV lineup is built to perform wherever technicians work. There’s no single profile for today’s heavy-duty technician. One works in a fleet maintenance facility managing dozens of Class 8 trucks. Another runs an independent shop handling everything from highway tractors to medium-duty vans. A third is an owner-operator doing his own inspections and trying to clear a trailer ABS code before the next run. Read more…

BUSINESS

FedEx, Pilots Set Tentative Contract After 5 Years of Talks

FedEx pilots reached a tentative labor agreement with the parcel company, marking a significant step toward resolving nearly five years of negotiations. Read more…

GOVERNMENT

Hormuz Is ‘Not Open’ as Iran Tries to Formalize Control

Just seven ships, all with a prior link to Iran, were observed making the voyage out of the Persian Gulf. Normal transits in both directions are more like 135 a day. Read more…

BUSINESS

Tiny Shipping ETF Becomes Iran War Gauge on 1,300% Rally

Every twist in the Iran war shows up almost instantly in a $65 million exchange-traded fund that most investors have never heard of. Read more…