Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this year.
July 7, 2025Transportation Compliance News
Transport Topics government and regulatory coverage keeps managers of a highly-regulated industry aware of the policy decisions that can shape their businesses. Covering both the legislative and regulatory aspects of policy-making, at both the state and national levels, the news in this category includes looks at infrastructure, hours of service, emissions rules, funding measures, leadership appointments, and more. Readers can follow what’s happening in Congress, at the Department of Transportation and the Federal Motor Carrier Administration, and in state and local governments.
What Killing Tax Credits Means for the EV Market
The Trump administration’s plan to scrap federal incentives for EVs will be a major speed bump for battery-powered transportation in the U.S., but not a brick wall, according to forecasts.
July 3, 2025OPEC+ Talking About a Fourth 411,000-Barrel Hike in August
OPEC+ is discussing another 411,000 barrel-a-day production increase for August ahead of the group’s videoconference this weekend, according to delegates who asked not to be identified.
July 3, 2025Nike Likely to Hike Prices More After Vietnam Tariff Deal
Nike will face pressure to raise prices higher than expected after the U.S. and Vietnam reportedly reached a new trade agreement that boosts tariffs, according to an analyst.
July 3, 2025Nissan Recalls 480,000 Vehicles Due to Engine Failure Risk
Nissan is recalling more than 480,000 of its vehicles across the U.S. and Canada due to potential manufacturing defects that could cause engine failure.
July 3, 2025Canada Exports to US Keep Falling as Tariffs Curb Shipments
Canada’s share of exports destined for the U.S. shrank to the smallest proportion since at least 1997, excluding the COVID pandemic. Shipments to other countries reached a new high.
July 3, 2025North Carolina Truck Driver Wins $50,000 in Maryland Lottery
A truck driver played the lottery while staying overnight in Maryland between drives — and ended up winning a big prize, officials said.
July 3, 2025Trump Aims to Shut Loopholes China Uses to Evade Tariffs
President Donald Trump’s trade deal with Vietnam targets practices China has long used to skirt U.S. tariffs: the shifting of production to Southeast Asia and the “origin washing” of exports.
July 3, 2025Employers Added a Surprising 147,000 Jobs in June
U.S. employers added 147,000 jobs in June as the American labor market continues to show surprising resilience despite uncertainty over President Donald Trump’s economic policies.
July 3, 2025Truckers Caught Smuggling People, Drugs Face Lifetime CDL Bans
A U.S. government and Texas partnership has resulted in more than 1,000 truckers losing their CDLs permanently for smuggling people and drugs across the U.S. border with Mexico.
July 3, 2025Trending
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