Diesel price surge jolts trucking industry: TT Daily

September 17, 2026

Sponsored By:
Volvo

Diesel price surge jolts trucking industry

Skyrocketing diesel prices are jolting the trucking industry amid a global energy crisis that also threatens freight movement. Read more…

TODAY’S NEWS

EQUIPMENT

OEMs see positive momentum in Class 8 order activity

The Class 8 truck order environment remains solid despite a late-summer sequential slowdown as order books fill and buyers become more selective, OEMs say. Read more…

GOVERNMENT

Federal Reserve hikes interest rate for first time in 3 years

The quarter-point increase lifts the Fed’s key rate to about 3.9% and, over time, could result in higher borrowing costs for mortgages, auto loans and credit cards. Read more…

SPONSORED CONTENT

Beyond the Price of Electrification

For fleets considering electrification, the true cost of an electric truck goes beyond its purchase price. Operating costs, incentives, route demands, battery technology and vehicle utilization all shape the long-term economics and can make electrification more attainable than the sticker price suggests. Read more…

FUEL

Oil prices ease as flows from Strait of Hormuz remain limited

Brent crude traded 3% lower to $102.70 a barrel. Saudi Arabia’s closure of a key oil pipeline also adds to oil supply pressure as it moves to repair the pipeline. Read more…

LOGISTICS

Port of L.A. foiled 120 million cyberattacks in August

The Port of Los Angeles identified intrusion, network exploitation, credential harvesting and malware attacks, among other efforts. Read more…

SPONSORED CONTENT

The Keys to a Successful Auction: Why Taylor & Martin Rises Above the Competition

Selling over-the-road transportation equipment can be complicated, time-consuming and disappointing if you conduct a private sale on your own. Alternatively, auctions are a strong, strategic option for a fleet owner to refresh their inventory, and Taylor & Martin is the key to ultimate success. Read more…

GOVERNMENT

Carney embraces EU associate membership proposal

Canadian Prime Minister Mark Carney said closer ties with Europe would ensure no country could control Canada’s markets or undermine its sovereignty. Read more…

GOVERNMENT

Trump threatens Europe tariffs over Canada proposal

“If they do that, if I think it’s at all a hostile act, I will put very serious tariffs or stop trading with Europe on many things,” Trump told reporters. Read more…

GOVERNMENT

Trump bans Canadian goods from U.S. government purchases

The order is the latest escalation by Trump in a trade fight that ramped up over the summer, as tit-for-tat tariff measures between the U.S. and Canada followed the last-minute collapse of a trade truce. Read more…

BUSINESS

GFL draws rival bids from infrastructure investor groups

Some of the world’s biggest infrastructure investors are clubbing up to take over GFL Environmental in what could be one of the largest leveraged buyouts of the year. Read more…

FUEL

Saudis seek to resume half of key oil pipeline within days

State-run Saudi Aramco is working to bypass a damaged section on the route that will allow it to resume part of the pipeline’s capacity, Bloomberg reported. Read more…

FUEL

Cost to ship U.S. crude oil to Asia hits record $44.8M

Saudi Arabia closed the East-West pipeline, making American oil supplies even more critical, with record shipping costs doing little to deter buyers in Asia. Read more…

BUSINESS

ExxonMobil weighs return to Venezuela

ExxonMobil held talks with Venezuela’s government about re-entering the country as the Texas oil giant explores whether to follow U.S. rivals back to the South American nation. Read more…

EDITOR’S PICK

Top 100 Private Carriers balance service and costs

The companies ranked on the 2026 Transport Topics Top 100 Private Carriers list have continued to demonstrate the value of their in-house truck fleets. Read more…

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Diesel price surge jolts trucking industry: TT Daily

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