U.S. Exports Jump 4% in April, Shrinking Trade Deficit to $82.4B
Record crude and fuel shipments drove the export surge. Imports rose modestly as firms stockpile inventory against tariff and geopolitical risk.
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Gasoline Hits $4.48, Up 50% Since Iran War Started
Pump prices jumped 31 cents in a week as conflict drives fuel costs to levels not seen since 2022, squeezing owner-operator margins on every deadhead mile.
Jones Act Waiver Extended 90 Days, No Direct Fleet Hardware Impact
White House extends shipping waiver for oil, fuel, and fertilizer through mid-July. Tanker fleets unaffected; no equipment mandate changes.