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Mexican truckers launch national strike over highway security, rising costs

Mexican truckers launch national strike over highway security, rising costs

Mexican trucking companies launched an indefinite nationwide strike Monday protesting highway insecurity, cargo theft, extortion and rising operating costs, with demonstrations planned in major freight hubs along the U.S.-Mexico border. The strike, organized by the National Chamber of Freight Transportation (CANACAR) and other trucking organizations, calls for demonstrations across Mexico, including Nuevo Laredo, Reynosa, Monterrey, Tijuana and Mexico City. The protests could disrupt freight transportation through some of North America’s busiest commercial corridors, particularly in Nuevo Lare

Helena Marsh

FMCSA’s Elison addresses Motus again, still no date on full repair

FMCSA’s Elison addresses Motus again, still no date on full repair

Chattanooga–It hasn’t been that long–less than a month–since Jesse Elison spoke to an industry event and addressed the issue of the beleaguered new Motus registration system. The deputy administrator of the Federal Motor Carrier Safety Administration (FMCSA) spoke Monday at FreightWaves’ Broker Compliance Symposium, one of two one-day sessions that serve as a prelude to the larger Future of Freight Festival here that begins Tuesday The biggest news in his presentation was really no news: after saying at the National Motor Freight Traffic Association in early October that FMCSA was “weeks away”

Helena Marsh

Why Trump Can't Afford to Lose The Rare Earth Race
Oil & Fuel OilAggregated

Why Trump Can't Afford to Lose The Rare Earth Race

For years, the West has searched for a technological escape hatch from rare earths. Engineers have developed new motor designs, alternative magnet chemistries, and materials that reduce or even eliminate the need for some critical minerals. Every time China tightens export controls, those efforts receive another burst of attention. They're worth pursuing. But they don't answer the question manufacturers have to solve today. Production capacity has become the number one scarce asset. That realization is driving one of the most ambitious industrial…

Helena Marsh

BRENTHITS114TRADE FLOW INSIGHT
Oil & Fuel OilAggregated

Brent Hits $114 as Houthi Attacks Threaten Saudi Energy Infrastructure

Crude oil prices were on course to book a sharp weekly gain, with Brent crude on track for gains of about $6 per barrel and WTI registering a much more modest tick higher, from around $99 per barrel on Monday to over $100 earlier today. At the time of writing, Brent crude was trading at $114.00 per barrel, and West Texas Intermediate was changing hands for $100.40 per barrel, as hostilities in the Middle East remain front-page news for oil traders. The focus, however, seems to be on Houthi attacks on Saudi infrastructure, including Aramco facilities.…

Helena Marsh

Europe Braces for a Winter Energy Crisis as Gas Reserves Run Low
Energy MarketsAggregated

Europe Braces for a Winter Energy Crisis as Gas Reserves Run Low

After months of elevated energy prices, Europe can expect fuel costs to continue rising through the winter months as demand grows. Ongoing energy trade constraints and threats to energy infrastructure across the Middle East are expected to limit global energy supplies and continue to drive up prices, hitting consumers hard unless governments intervene. The European Union (EU) is thought to have paid an additional €100 billion on oil and gas so far this year, prompting EU ministers to seek ways to manage the impact of high fuel prices. Since…

Helena Marsh

Texas Researchers Say Permian Wastewater Could Cool AI Data Centers
Oil & Fuel OilAggregated

Texas Researchers Say Permian Wastewater Could Cool AI Data Centers

The artificial intelligence boom is placing a dangerous strain on the world’s water and energy resources. As hyperscalers build up resource-hungry data centers at a breakneck pace, demand projections for these finite resources are skyrocketing faster than policymakers can keep pace. But a new study from researchers at the University of Texas at Austin suggests that there may be a way to sustainably source water for data centers by using wastewater from the oil and gas industry. The water and energy use of AI data centers is enormous…

Helena Marsh

Middle East Chemicals Keep Their Cost Edge Despite Hormuz Crisis
Oil & Fuel OilAggregated

Middle East Chemicals Keep Their Cost Edge Despite Hormuz Crisis

Despite the Iran war and the Hormuz crisis, the Middle East’s low-cost chemicals production is set to retain its long-term advantage over other regions. Near-term shifts in the sourcing of polymers are taking place due to the current constraints in the Persian Gulf’s industrial base, benefiting U.S. chemicals companies. But in the long run, the Middle East is likely to retain its buyers’ base because it still has the two levers to be competitive on the global market—an extensive production base and, most of all, low-cost…

Helena Marsh

Oil Prices Stay High as War Keeps Supply Tight Into 2027
MarketsAggregated

Oil Prices Stay High as War Keeps Supply Tight Into 2027

During the first three months or so of the U.S. and Israeli war with Iran, the dominant mood on oil markets was that the conflict would end any day now. The brief June ceasefire reinforced that optimism, so it took a while longer for facts to be faced: the war would not end any day now. It might even extend into next year—and this means higher prices for a longer time. The ICE Brent crude futures contract for January 2027 is trading at $102.59 per barrel. The June 2027 contract is only slightly lower, at $92.71 per barrel, and the December…

Helena Marsh

SIBCONSINGAPORECHARTSTRADE FLOW INSIGHT

SIBCON 2026: Singapore Charts a Resilient Multi-Fuel Future for Global Bunkering

The 24th Singapore International Bunkering Conference and Exhibition (SIBCON 2026), organised by the Maritime and Port Authority of Singapore, runs 13–15 October 2026 at Resorts World Sentosa under the theme "Charting a Resilient Multi-Fuel Future", with new standards for ammonia bunkering and digitalisation among the headline announcements.

Editorial Desk

Elisabeth Braw: The Undersea War

Elisabeth Braw: The Undersea War

A ship’s anchor can wreak havoc on the world’s undersea infrastructure, something that has provided plenty of rich material for Splash reporting in recent years. For Elisabeth Braw, the Cook Islands-flagged tanker Eagle S provides one of the most brazen examples. On Christmas Day 2024, the vessel was accused of dragging its anchor 90 km …

Helena Marsh

Borderlands Mexico: US takes 76% of vehicle exports as September shipments plunge

Borderlands Mexico: US takes 76% of vehicle exports as September shipments plunge

Borderlands Mexico is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week in Borderlands Mexico: US takes 76% of vehicle exports as September shipments plunge; DSV expands US-Mexico freight operations with McAllen office; and Texas university seeks $772,700 for AI-powered Laredo freight project. US takes 76% of vehicle exports as September shipments plunge More than three-quarters of Mexico’s light-vehicle exports were destined for the U.S. during the first nine months of 2026, underscoring the importance of cross-border automotive t

Helena Marsh

Brent Back Above $100 as Houthis Hit Saudi Infrastructure
Oil & Fuel OilAggregated

Brent Back Above $100 as Houthis Hit Saudi Infrastructure

Crude oil prices, which dipped on Tuesday, reversed their direction, with Brent ticking above $100 again earlier today following reports of fresh Houthi attacks on Saudi energy infrastructure. At the time of writing, Brent crude was trading at $101.49 per barrel and West Texas Intermediate was changing hands for $90.14 per barrel, despite a statement from Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, who said Tuesday the kingdom’s oil flows via the Rast-West pipeline had rebounded to 5.8 million barrels daily. The statement…

Helena Marsh

How close is shipping to the top?

How close is shipping to the top?

Shipping markets rarely announce the top with any clarity. More often, the argument about whether the peak has arrived only really starts when freight rates are still climbing, asset values are making less and less conventional sense and owners are sufficiently confident to keep buying ships at prices that would have looked ridiculous a few …

Helena Marsh

Iranian Oil Starts Flowing to Tajikistan Despite U.S. Sanctions Risk
Oil & Fuel OilAggregated

Iranian Oil Starts Flowing to Tajikistan Despite U.S. Sanctions Risk

Tajikistan announced that it is now receiving oil and petroleum products from Iran, opening a potential new energy source for a country whose fuel supplies have long been dominated by Russia. The deliveries began in late August, Tajikistan's Energy and Water Resources Ministry told the Asia-Plus news agency, following talks between the two countries on expanding cooperation in the oil and gas sector. The ministry has not disclosed the volume of the shipments, their commercial terms, or how the oil and petroleum products were transported to Tajikistan.…

Helena Marsh

Iran’s Disappearing Oil Is Becoming Everyone’s Problem
Oil & Fuel OilAggregated

Iran’s Disappearing Oil Is Becoming Everyone’s Problem

Iranian oil is disappearing from the market just as its biggest buyer returns for more. China’s recovering crude demand is colliding with the loss of a supplier that sustained its independent refiners through the crisis, forcing them to compete for increasingly expensive alternatives. The consequences reach beyond China: every replacement barrel tightens supplies for other buyers, while Tehran faces a growing incentive to disrupt the Strait of Hormuz, which is now carrying an unexpectedly strong 13 million barrels a day (just 5 million below…

Helena Marsh

Oil's New Normal Is Higher Prices
MarketsAggregated

Oil's New Normal Is Higher Prices

Oil prices pulled back on Tuesday, reversing recent gains as investors weighed signs of export recovery by Middle Eastern producers against uncertainty surrounding the fate of the Iran war. Brent crude for November delivery fell 1.5% to trade at $103.72 per barrel at 1.10 pm ET, while WTI crude for October delivery declined 2.2% to change hands at $90.62/bbl. Crude exports from the region climbed to 15.5 million barrels per day in September, good for more than 80% of prewar levels and the highest level since the conflict began seven months ago.…

Helena Marsh

RESEARCHSHOWSHOWTRADE FLOW INSIGHT

New research shows how regulation could reshape shipping

Amid regulatory uncertainty, there is one key challenge to ensuring shipping meets its decarbonization goals: making the right decisions today. DNV’s latest edition of Maritime Forecast to 2050 explores how different scenarios could reshape fuel demand, investment decisions, and decarbonization pathways, helping shipowners to navigate uncertainty and build resilient fleets. Shipping’s energy transition has entered ...

Helena Marsh

How long can the million-dollar VLCC market last?

How long can the million-dollar VLCC market last?

The VLCC market has reached levels that would have sounded absurd only months ago. Middle East-China earnings have pushed beyond $1m a day, Atlantic routes have surged into the hundreds of thousands and secondhand values have exploded to the point where rust-stained 15-year-old VLCCs are changing hands for more than newbuilds. The argument now dividing …

Helena Marsh

Petrobras locks in 20-year US supply from Sempra’s LNG project in Lone Star State
Energy MarketsAggregated

Petrobras locks in 20-year US supply from Sempra’s LNG project in Lone Star State

Brazil’s state-owned energy giant Petrobras has struck a two-decade-long deal with Sempra Infrastructure, a subsidiary of Sempra, for the supply of liquefied natural gas (LNG) from a U.S. project under development in Jefferson County, Texas. The post Petrobras locks in 20-year US supply from Sempra’s LNG project in Lone Star State appeared first on Offshore Energy .

Helena Marsh

CHINACOULDCURBTRADE FLOW INSIGHT
Oil & Fuel OilAggregated

China Could Curb Fuel Exports as Diesel and Gasoline Stocks Sink

China’s diesel fuel and gasoline inventories are declining, which may eventually lead to the imposition of export curbs, Bloomberg has reported, citing recent fuel inventory data. Gasoline inventories at state-owned energy majors were down by 2.9% last week to their lowest level since 2022, according to Chinese commodity market research firm JLC International. Diesel inventories are sitting at the lowest in 15 months, booking a 2.4% dip last week, the publication noted. “With the domestic market tightening, we see an increasing risk…

Helena Marsh

Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens
Oil & Fuel OilAggregated

Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens

For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The overwhelming expectation was that the war would end soon—even as July rolled around—and oil flows out of Hormuz would recover. Instead, the world is slipping into a fuel shortage, and traders have gone bullish. They are especially bullish on fuels in the United States, it seems. The world’s biggest crude oil consumer and the biggest exporter of crude and fuels has not managed to avoid a supply squeeze at…

Helena Marsh

Washington’s Venezuela Oil Deal Is About Much More Than Crude
Oil & Fuel OilAggregated

Washington’s Venezuela Oil Deal Is About Much More Than Crude

Washington’s takeover of more than a fifth of Venezuela’s oil reserves in a deal officially signed by U.S. Energy Secretary Chris Wright on 2 September was as unexpected as it was dramatic, with President Donald Trump’s comment a few days earlier that it is “the biggest oil deal in world history” looking justified from several perspectives. From a pure volume standpoint, the deal covers 65 billion barrels of proven crude oil reserves (out of Venezuela’s total 303 billion barrels) across 17 fields. To put that…

Helena Marsh

DRYBULKMARKETTRADE FLOW INSIGHT
MarketsAggregated

Dry Bulk Market: Capesizes Showing More Strength

Capesize The market enjoyed a notably bullish week, recovering strongly after the UK holiday-shortened start and building momentum across both basins. Early weakness in the Pacific quickly proved short-lived as sustained miner participation tightened available tonnage and restored confidence. By midweek, all major miners were actively fixing, driving C5 steadily higher and attracting increasingly aggressive ...

Helena Marsh

ASIA-USCONTAINERRATESTRADE FLOW INSIGHT

Asia-US container rates rise, tanker rates ex-USG soften as Asia port congestion intensifies

Rates for shipping containers from east Asia and China to the US were mostly higher this week while rates for liquid chemical tankers ex-US Gulf were mostly softer, all while schedule reliability is decreasing because of congestion at Asia ports. PORT CONGESTION Global container vessel schedule reliability dropped to 56.4% in July 2026, a decline ...

Helena Marsh

Sea Pioneer emerges behind SK Oceanplant aframax haul

Sea Pioneer emerges behind SK Oceanplant aframax haul

Greek owner Sea Pioneer Shipping has emerged as the company behind SK Oceanplant’s recently announced series of six firm plus two optional aframax tankers. Market sources have identified the Vasilis Bacolitsas-led owner as the previously unnamed Greek customer behind six 115,000 dwt crude carriers at the South Korean yard, with two further options attached. SK …

Helena Marsh

This Cattle Feedlot Turns Manure Into 1.2 Million MMBtu of Natural Gas a Year
Energy MarketsAggregated

This Cattle Feedlot Turns Manure Into 1.2 Million MMBtu of Natural Gas a Year

A new project is seeking to turn cattle manure into a source of sustainable natural gas for energy production and shipping fuel. The initiative just broke ground in Broken Bow, Nebraska, where eight anaerobic digesters will process waste from the Adams Land & Cattle feedlot into what the project leads are hoping will be a lucrative and eco-friendly source of approximately 1.2 million MMBtu of pipeline-quality natural gas per year. “The Adams Land & Cattle RNG facility demonstrates how American agriculture can play an important role…

Helena Marsh

America Is Betting Big on a New Generation of Small Nuclear Reactors
Energy MarketsAggregated

America Is Betting Big on a New Generation of Small Nuclear Reactors

Governments worldwide are racing to develop small modular reactors (SMRs) as part of their plans for a nuclear power renaissance, with significant progress being seen in recent years. However, the United States appears to be leading the way in nuclear microreactor development, with significant investment in the technology recently announced by the U.S. Army. SMRs are advanced nuclear reactors with a power capacity of up to 300 MW(e) per unit, or around one-third of the generating capacity of a conventional nuclear reactor. They are much smaller…

Helena Marsh

U.S. Oil Rig Count Rises as Gas Rig Activity Declines
Energy MarketsAggregated

U.S. Oil Rig Count Rises as Gas Rig Activity Declines

The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US staying at 588, up 51 from this same time last year. The number of active oil rigs rose by 2, reaching 449 during the latest reporting period, according to the data. This is 35 above this same time last year. The number of gas rigs fell by 2 to 130, which is 12 more than this time last year. Miscellaneous rigs stayed the same at 9. The latest EIA…

Helena Marsh

Citadel Eyes U.S. Shale as Oil Trading Moves Closer to the Wellhead
Oil & Fuel OilAggregated

Citadel Eyes U.S. Shale as Oil Trading Moves Closer to the Wellhead

Citadel is shopping for U.S. oil production assets, including a previous bid for WildFire Energy before Magnolia Oil & Gas agreed to buy the Eagle Ford producer for $4.06 billion. Reuters reported Friday that the hedge fund and commodities trader has held talks with several private-equity owners of oil-weighted exploration and production companies in recent weeks. WildFire would have given Citadel roughly 53,000 barrels of oil equivalent per day of production, about 70% of it oil, plus 810,000 net acres in South Texas. Magnolia ultimately won…

Helena Marsh

Ukraine Pushes Congress for Russia Sanctions Before Election Recess
Oil & Fuel OilAggregated

Ukraine Pushes Congress for Russia Sanctions Before Election Recess

Ukraine’s top sanctions official says he remains optimistic about prospects for a sweeping Russia sanctions bill in the US Congress despite growing uncertainty over when the House of Representatives will take it up, as lawmakers face a sharply shortened legislative calendar ahead of the November elections. Vladyslav Vlasiuk, Ukrainian President Volodymyr Zelenskyy’s sanctions commissioner, spent this week in Washington meeting lawmakers and congressional staff as Kyiv presses Congress to advance the Lindsey O. Graham Sanctioning Russia…

Helena Marsh

Big jump in truck transportation jobs in latest BLS report

Big jump in truck transportation jobs in latest BLS report

With the overall jobs report from the Bureau of Labor Statistics showing a surprisingly big jump in employment, truck transportation participated in that rebound. The monthly report showed truck transportation employment rising 4,800 jobs to 1,470,300. It’s the highest level of jobs in the sector since October. But with employment since then mostly trending down each month, the number of jobs in the sector is still about 10,000 jobs less than it was a year ago. window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { var gptSlot = googletag.defineSlot('/21776187881/FW-

Helena Marsh

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