TWIL: Hope Is Not a Plan — Iran Deal Signals, RTCCO Goes Live, FedEx Freight Goes Independent

<p>The first real Iran deal signal since February, the RTCCO review hearing, and FedEx Freight going independent next week. Let&#39;s dive in.</p><p>This Week in Logistics, we&#39;re tracking the first genuine signal of hope since the Hormuz crisis began in February — and why hope is not a plan.</p><p>President Trump announced the Iran deal is largely negotiated and will be announced shortly, including the reopening of the Strait of Hormuz. Brent crude dropped below $100 a barrel for the first time in weeks. But Iran&#39;s state media immediately pushed back, calling the announcement incomplete and inconsistent with reality. The deal looks like a memorandum of understanding as a first phase, with broader negotiations to follow. Meanwhile, the Fair Work Commission held its first formal review hearing for the RTCCO — the road transport fuel cost recovery order that&#39;s been live for five weeks. And FedEx Freight, the largest LTL carrier in North America, is going independent next week. The FedEx board has approved the separation, trading starts on the New York Stock Exchange on the 1st of June under ticker FDXF — an $8.7 billion revenue business that has been sitting inside a parcel company for 25 years, now competing on its own.</p><p>The question most operators are asking is whether the deal will hold. The more useful one is: what does your pricing look like if it does, and what does it look like if it doesn&#39;t?</p><p>This episode unpacks what these three shifts mean for mid-market 3PLs and transport operators right now.</p><p>This week we cover:</p><ul><li>Why the Iran deal headline is the most positive signal since February — and why unwinding your fuel surcharge on hope is structurally dangerous</li><li>What Aramco and Chevron&#39;s CEOs have already told us about how slowly fuel costs come down even in the best case, and why six to twelve months is the realistic timeline</li><li>Why the RTCCO review hearing today marks a transition from crisis response to permanent regulation, and what construction, council, and small operators are now asking the Commission</li><li>The broader lesson: emergency regulation has a habit of becoming permanent regulation, and the fortnightly fuel adjustment cadence may well outlast the crisis that triggered it</li><li>What FedEx Freight going independent on the 1st of June actually means — 370 service centres, $1 billion in projected annual free cash flow, 300 IT applications cut, new shipment initiation from five clic