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FreightWaves
Crude Oil Hits $110, Mexican Steel Crackdown, & The SHIPS Act | Morning Minute
2 minutes Posted Mar 9, 2026 at 1:55 pm.
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Show notes
In today’s FreightWaves Morning Minute, we look at the escalating geopolitical conflict that has sent crude oil prices surging to $110 a barrel, creating a major shock for small carriers and owner-operators. We also cover Mexico’s sweeping cancellation of permits for 350 steel importers, and Senator Mark Kelly’s push for the SHIPS for America Act to rebuild U.S. maritime dominance.
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