Feature: Rates expected to increase
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US says Strait of Hormuz ‘remains open’
US says Strait of Hormuz ‘remains open’ The US military says the Iranian government’s claim that the Strait of Hormuz is closed is “false”. “The Strait of Hormuz remains open for commercial vessel…
Gains from equipment sales save Heartland’s Q2
Truckload carrier Heartland Express returned to profitability in the second quarter, driven by gains from equipment sales. The post Gains from equipment sales save Heartland’s Q2 appeared first on…
Covenant’s earnings drop stock, company focused long-term
Covenant stock tumbled after its earnings report, but management is defending its strategy. The post Covenant’s earnings drop stock, company focused long-term appeared first on FreightWaves .
Oil price rises after Iran says it stops ships in Hormuz
By Ahmed Tolba, Nafisa Eltahir and Yasmine Ghania CAIRO/DUBAI, July 31 (Reuters) - Oil prices rose on Friday after Iran said it had stopped two vessels seeking to exit the Strait of Hormuz,…
Atlas grows Kodiak driverless truck fleet to 100 rigs
Atlas Energy Solutions expanded its Kodiak partnership to a second Permian load-out point and set a 100-truck driverless target for mid-2027, up from 28 today. The post Atlas grows Kodiak driverless…
CS Leasing expands tank container fleet with Triton acquisition
CS Leasing, an intermodal leasing platform managed by ITE Management, has acquired the ISO tank container fleet of Triton International. The transaction increases CS Leasing’s global fleet to nearly…