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Fleets Balance Risk and Reward in Truck Lease Agreements

Industry leaders advise that if structured fairly, truck lease-purchase agreements can be vital to the trucking industry.

August 8, 2024

Forward Air Posts Q2 Loss, but Revenue Soars on Acquisition

Despite the reported net loss, investors appeared to be responding positively. It was primarily due to a one-time goodwill impairment charge related to the Omni acquisition.

August 8, 2024

Occidental Raises Production on CrownRock Acquisition

Occidental Petroleum Corp. raised its production and capital spending plans for this year after closing its $10.8 billion acquisition of CrownRock LP earlier this month.

August 8, 2024

ChargePoint Deploys New Plugs to Fit Teslas and Non-Teslas

ChargePoint Holdings is deploying a new plug that the company says most any battery-powered car can use, as automakers rapidly adopt the connector standards developed by Tesla.

August 8, 2024

EPA Probes Biodiesel Supply Chains as Fraud Concerns Mount

The Biden administration is following the paper trails of some biodiesel producers amid heightened concern the fuels are at times being made with deceptive ingredients, violating federal law.

August 7, 2024

Fertilizer Giant Nutrien Names New CFO Amid Industry Swoon

Nutrien Ltd. named a new chief financial officer amid an industry downturn that has eroded the fertilizer giant’s profits.

August 7, 2024

Senate Republicans Ramp Up EV Resistance

Before leaving Washington for a six-week summer break, senior Senate Republicans again pushed back on the White House’s electric vehicle agenda.

August 7, 2024

Road to NTDC Spotlight: Raymond Simon

Based on his resume, it’s logical to conclude that Raymond Simon is the modern era’s greatest of all time, or GOAT.

August 8, 2024

RXO Faces Revenue Decline, Net Loss in Q2

The Charlotte, N.C.-based asset-light transportation provider posted a net loss of $7 million, or 6 cents a diluted share.

August 7, 2024