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Suitors Line Up for BP’s Castrol Unit

BP's Castrol lubricant business is attracting interest from Reliance Industries, Apollo Global Management and Lone Star Funds, as well as Saudi Aramco.

May 28, 2025

Fleet Safety and Profitability with SmartDrive Analytics

Boost fleet safety and profitability with SmartDrive Analytics. Solera Fleet Platform provides insights into driving performance, optimizing fuel and reducing costs. SmartIQ translates data into actionable insights for collision reduction, driver retention, and fuel economy. Download our ebook to make informed decisions and transform your fleet with data-driven performance.

October 1, 2024

OPEC+ to Maintain Group Quotas Ahead of July Output Decision

OPEC+ gathered online May 28 to ratify its current groupwide production quotas, ahead of a decision by eight key members this weekend whether to bolster output again in July.

May 28, 2025

Diesel Price Sheds 4.9¢ to $3.487 a Gallon

The national average diesel price changed course from a week earlier, dropping 4.9 cents to hit $3.487 a gallon, according to U.S. Energy Information Administration data released May 28.

May 28, 2025

Stellantis Names Antonio Filosa Its New CEO

Stellantis, the world’s fourth-largest carmaker, named Italian auto executive Antonio Filosa as its new CEO on May 28, replacing Carlos Tavares, who resigned under pressure last year.

May 28, 2025

Toyota Becomes Top Shareholder in Air Taxi Maker Joby

Toyota has invested $250 million in Joby Aviation, completing the first half of a previously announced $500 million commitment and becoming the air taxi maker’s largest shareholder.

May 28, 2025

Michigan County Board Opposes I-94 Self-Driving Corridor

Washtenaw County officials are opposed to proposed express lanes on about 39 miles of Interstate 94 between Ann Arbor and Detroit that one day could be dedicated to self-driving vehicles.

May 28, 2025

Arizona Adds Real-Time Truck Parking Info at 4 Stops on I-10

The Arizona Department of Transportation has incorporated real-time truck parking availability status for Interstate 10 rest areas on its state traveler information website.

May 27, 2025

NYC Wins Order Against US Funding Freeze in Congestion Fight

New York won a court order temporarily barring the Trump administration from withholding federal approvals or funds for the state’s transportation projects.

May 27, 2025