Tightness

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Record tightness seen in fuel market as tensions escalate in Hormuz
Trucks

Record tightness seen in fuel market as tensions escalate in Hormuz

July 14, 2026 1:35 pm, EDT Storage tanks at a pipeline facility in Avenel, NJ (Mark Kauzlerich/Bloomberg) key takeaways: Fuel markets in the US and Europe fell sharply as concerns over fuel supplies grew due to renewed conflict in the Middle East and tanker attacks in the Strait of Hormuz. Fuel prices have risen faster

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FedEx Freight Backhaul Drives Truckload Tightness, Revenue Increase
Trucks

FedEx Freight Backhaul Drives Truckload Tightness, Revenue Increase

FedEx Freight posted revenue of $2.41 billion in the most recent quarter, up 4.8% from $2.30 billion in the year-ago period. (Artistic Operations/Getty Images) June 26, 2026 3:19 pm, EDT key takeaways: FedEx Freight said the tightness of the truckload market boosted fiscal fourth-quarter earnings as heavy backhaul spillovers supported revenue in the quarter ended

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