REX OILFIELD SERVICES LP

FedEx Freight Plans More RNG Tractors, Ties Sustainability to ROI

John Smith says renewable natural gas expansion hinges on business case — fleet will add RNG units only when TCO pencils out against diesel baseline.

Diesel Hits $5.35/Gallon — Auto Haulers Absorb $1.80 YoY Spike

National diesel average sits $1.80 above year-ago levels as Iran supply warnings push auto transport costs up 16.7% from pre-conflict baseline.

Volvo VNL Electric Order Books Open by End of 2026

VTNA's top executive confirmed the Class 8 battery-electric tractor will be available for order before year-end, but gave no pricing, range, or production timeline.

Cummins Lifts 2026 Outlook as Truck Orders and Spot Rates Climb in Q1

Engine maker's raised forecast signals carrier demand is firming — what improving order activity means for fleet expansion and rate momentum.

Volvo D13 EPA 2027 engine: 10% fuel savings, 630-hp brake in VNL

Volvo's 2027-compliant D13 delivers 540 hp, 1,950 lb-ft, and what the OEM calls the industry's strongest engine brake—while cutting fuel consumption 10% in the VNL.

Capacity Plummets 10.9 Points in April — Tightest Freight Market in a Decade

Transportation capacity hit 28.4 on the Logistics Managers' Index — the second-fastest decline on record — while spot prices jumped 5.6 points to 95, the widest spread ever trac…

MSC and Tradepoint Break Ground on $1.2B Baltimore Container Terminal

Sparrows Point terminal will add 1 million TEU annual capacity and on-dock rail by 2030, first privately financed U.S. container terminal in decades.

MODE Global Opens Puebla Yard to Control Cross-Border Equipment Flows

Chattanooga-based 3PL plants corporately owned facility in central Mexico to manage OTR, intermodal, air, and ocean equipment directly rather than through third-party partners.

Diesel Jumps 29 Cents in One Week — Futures Signal More Pain Ahead

DOE benchmark diesel hit $5.64/gallon this week, erasing three weeks of declines. Futures climbed 28 cents in five trading days as Hormuz blockages persist and analysts warn inv…

Shipper Spending Jumped 21.8% Year-Over-Year in Q1 as Diesel Hit $5

Capacity exits — not freight volume — drove the largest quarterly spending surge since the pandemic boom, while shipments stayed flat.

May 5, 2026

Volvo VNR Electric Gets Mechanical PTO — What It Powers

Volvo Trucks North America launched a mechanical electric power takeoff for the VNR Electric tractor at ACT Expo 2026, opening the Class 8 EV to dump, mixer, and vocational work…

May 5, 2026