Petro Wells #0392

Wabash Adds Transport Trailer Sales to Canada Dealer Network

Trailer maker expands coverage in Greater Toronto and Eastern Canada through new independent dealer partnership.

Fuel & Energy

Cushing Oil Tanks Drain Near Empty as Diesel Feedstock Tightens

Storage tanks in Oklahoma are being drawn down so fast that producers can't refill them, signaling tight crude supply that could push diesel prices higher.

Carrier Business

M&A Multiples Jump 321% as Buyers Chase Tech, Not Truckload Scale

Average transportation deal size has more than tripled since 2023. Buyers are paying premiums for AI automation and scarce border infrastructure, not traditional fleet bolt-ons.

Mack Unveils Pioneer Tractor and Redesigned Anthem for Highway Fleets

Mack Trucks announced a two-model OTR strategy at its Experience Center, adding the new Pioneer alongside a refreshed Anthem for long-haul operations.

Compliance & FMCSA

CVSA Roadcheck 2026 Flags ELD Tampering Spike, OOS Rate Climbs

Out-of-service violations during May 12-14 Roadcheck ran above 18.1% 2025 baseline as inspectors targeted chameleon ELDs and log editing.

Markets & Rates

Intermodal Volume Up 10.9% as Truckload Rates Push Freight to Rail

Domestic intermodal jumped 10.9% in the week ending June 13 as rising truckload rates and trans-Pacific frontloading drive the biggest rail-truck modal shift in years.

Broker Fraud & Vetting

Connecticut Man Awaits Sentence for $3.5M Amazon Logistics Fraud

Federal prosecutors say he billed Amazon for 1,000 trailer movements that never happened.

Fuel & Energy

Brent Crude Falls to $78.36: Down $1.19 as Iran War Premium Fades

Oil dropped another $1.19 per barrel June 18, now just $8 above pre-war levels. Diesel relief continues for fleets that saw fuel spike $2/gallon in March.

Bendix and Aeva Partner to Build Lidar-Based Active Safety System for Class 8

Bendix Commercial Vehicle Systems and Aeva will co-develop an active safety system combining Aeva's frequency-modulated continuous-wave lidar with Bendix's collision-mitigation …

Netradyne Intelligence AI agents now auto-coach drivers, file incidents

Netradyne's new AI agents handle coaching sessions, incident records, and driver recognition without manager input. Safety teams get execution, not just alerts.

Electric Vehicles

Volvo VNL Autonomous Trucks Enter Commercial Service on Dallas-Houston Lane

AVI-SPL is running Aurora Driver-powered VNLs on time-sensitive electronics freight. Volvo Autonomous Solutions provides the vehicle, virtual driver, infrastructure, and fleet m…