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PacLease Opens Record 28 North American Locations in 2024

PacLease opened 28 franchise locations across North America in 2024 and expects a buoyant 2025 for the segment, the Paccar Inc. subsidiary said.

January 17, 2025

EU, Mexico Seal Trade Deal as Trump Threatens Tariffs

The European Union and Mexico agreed to a revamped free-trade agreement, just as both are under pressure from President-elect Donald Trump, who has threatened them with new tariffs.

January 17, 2025

These LNG Projects Are Set to Advance if Trump Lifts Freeze

President-elect Donald Trump has vowed to lift the Biden administration’s moratorium on new permits to export liquefied natural gas on his first day in office next week.Ìý

January 17, 2025

Maersk Cautious About Quick Return to Red Sea

A.P. Moller-Maersk expressed caution about any fast return to shipping through the Red Sea, after the Yemen-based Houthis signaled a pause in their attacks on commercial vessels.

January 17, 2025

Hydrogen Industry May Turn to Gas, Carbon Capture Under Trump

The U.S. hydrogen economy will likely rely on natural gas and carbon capture technologies rather than green energy in Donald Trump’s second term, according to BloombergNEF.

January 17, 2025

Burning Teslas in L.A. Add to Toxic Mix Hindering Cleanup

As the smoke clears from devastating Los Angeles wildfires, efforts to clean up the affected areas are being complicated by burnt-out electric and hybrid vehicles.

January 17, 2025

NHTSA Probes Engine Failure Risk in 870,000 GM Trucks

U.S. auto safety regulators are probing General Motors Co. over concerns that more than 870,000 of its full-size pickup trucks and SUVs face the risk of engine failure.

January 17, 2025

FTC Bans GM From Sharing Driving Data

General Motors will be banned for five years from disclosing data that it collects from drivers to consumer reporting agencies as part of a settlement with the government.

January 17, 2025

Fire Erupts at Lithium Battery Plant in California

MOSS LANDING, Calif. — A major fire burning at one of the world's largest battery storage plants in California is sending up flames of toxic smoke, leading to the evacuation of 1,700 people.

January 17, 2025