Oil Prices Fall Back After US Capture of Venezuela’s Maduro: TT Daily

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January 5, 2026

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TMC

Oil Prices Fall Back After US Capture of Venezuela’s Maduro

Oil prices fell back Jan. 5 while the prices of precious metals surged as markets reacted calmly to the U.S. capture of Venezuelan President Nicolas Maduro in a weekend raid. Read more…

TODAY’S NEWS

LOGISTICS

4 Railroads Object to Union Pacific-Norfolk Southern Merger

CSX, BNSF Railway, Canadian Pacific Kansas City Southern and Grand Trunk Railroad filed requests last week that the Surface Transportation Board reject Union Pacific’s application. Read more…

BUSINESS

Love’s Travel Stops Acquires 3 Factoring Companies

Truck stop operator Love’s expanded its financial services arm with the acquisition of three factoring companies. The deals follow earlier factoring acquisitions in July 2020 and July 2024. Read more…

TECHNOLOGY

Walmart’s E-Commerce Platform Sees Temporary Outage

More than 6,000 customers reported they were unable to use the app or website the morning of Dec. 30, according to data collected by the website Downdetector. Read more…

THIS WEEK’S CARTOON: "We’re Bringing a Freight Recovery, Higher Rates and Lower Tariffs"

LOGISTICS

Port of Oakland Reports 4.1% Decline Year Over Year

Port officials see the latest numbers as a sign of a stabilizing market and resilient demand for California’s agricultural goods in light of President Trump’s tariffs. Read more…

GOVERNMENT

US Multinationals Excluded in OECD Deal From 15% Tax

The U.S. and more than 100 other countries finalized an agreement that would exempt American companies from some foreign taxes, the culmination of a monthslong effort to create a carve-out. Read more…

EQUIPMENT

Ram Revives $100,000 TRX V-8 Truck Amid Looser Regulations

Stellantis said Jan. 1 that the 2027 Ram 1500 SRT TRX will be available in the second half of this year and cost $102,590 including destination charge. Read more…

BUSINESS

Tesla Loses EV Crown to BYD After Second Annual Sales Drop

BYD increased battery-electric vehicle sales both for the quarter and the full year, delivering almost 2.26 million EVs in 2025 to Tesla’s 1.64 million. Read more…

EDITOR’S PICK

Top 50 Global Freight Companies Persevere Amid Trade Shift

The world’s largest transportation and logistics providers have been operating in a highly volatile business environment this year as tariffs and shifting trade policies have altered international freight flows. Read more…

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