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Tesla vehicles on auto hauler

The U.S. Senate’s tax-writing panel in June put its official stamp on the chamber’s upcoming budget bill, which will notably not include a fee on electric and hybrid vehicles.

The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said June 24.

Two weeks from President Donald Trump’s deadline to reach trade deals, some of the talks aimed at clinching agreements to avoid higher tariffs are struggling to get over the finish line.

Waymo’s robotaxis will begin carrying passengers through parts of Atlanta on June 24 in an expansion of a partnership with Uber that began earlier this year in Austin.

A ship that caught fire in the Pacific Ocean earlier this month has sunk. The vessel was carrying about 3,000 vehicles, of which about 800 were EVs.

ϳԹ plans to invest nearly $5.6 million to create an engineering hub in Michigan.

Continental lowered a profitability target for the year due to rising costs from U.S. tariffs as the German automotive supplier forges ahead with a plan to dismantle itself.

Blowback to President Donald Trump’s idea of tariffs on imported semiconductors is proving to be broad and deep, and includes Tesla, Ford and GM.

Canadian Prime Minister Mark Carney is advancing his pledge to pivot Canada away from its security reliance on the U.S., where it currently spends the vast majority of its defense dollars.

In the shale oil fields of Texas, North Dakota and New Mexico, executives are unlikely to change their capital budgets based on abrupt price moves from U.S. military strikes on Iran.

The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world’s most important oil chokepoint.

Truck driver filling up truck with diesel

Against the backdrop of rising tensions in the Middle East, the national average price of a gallon of diesel increased for the third consecutive week, spiking 20.4 cents to $3.775 a gallon.

oil storage tanks

Trump Warns Oil Producers on Prices Following Iran Attack

President Donald Trump demanded that energy producers push down crude prices following U.S. military strikes on Iran.

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UPS truck lot

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Carriers across the various segments of the trucking industry navigated difficult business conditions in 2024 as freight market conditions remained unfavorable.

Fuel Prices

Week of Jun 23
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“It would be a shame to build these facilities and then all of a sudden you have to scale back on the most important part of it, which is people,” a Ford vice president told reporters.

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