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Emission Rules in Flux; Truck Makers Stay the Course

Alterations to federal emission regulations for Class 8 trucks are likely in the coming months, but the timeline for those changes is unclear, according to industry observers.

May 9, 2025

Tariffs Force Rivian to Lower Annual Delivery Outlook

The company now expects to sell 40,000 to 46,000 battery-powered pickups, SUVs and delivery vans this year, it said May 6 while reporting first-quarter results.

May 6, 2025

US Shale Output Has Peaked as Prices Fall, Diamondback Says

Diamondback Energy, the largest independent oil producer in the Permian Basin, says production has likely peaked in America’s shale fields and will decline in the months ahead.

May 6, 2025

California Awards Tax Credits for Port, Hydrogen Projects

California Gov. Gavin Newsom awarded a $1.5 million tax credit for a hydrogen fuel facility and a $800,000 credit to expand Port Hueneme’s logistics and supply chain infrastructure.

May 5, 2025

Morgan Olson Debuts Compact Kestrel Work Truck

The manufacturer, known for its dominance in the step van segment, positioned the Kestrel as a versatile alternative for vocations ranging from last-mile delivery to emergency response.

May 5, 2025

Rivian to Build $120 Million Supplier Park in Illinois

The 1.2 million-square-foot park in Normal will allow the electric-vehicle maker to increase production at its plant in 2026, when it starts building its R2 model, said CEO RJ Scaringe.

May 5, 2025

Uncertainty Dominates Pre-Buy Discussions Ahead of 2027

The trucking industry’s anticipated pre-buy ahead of 2027 is taking a different shape as economic uncertainty, shifting regulations and tariffs cloud the market.

May 9, 2025

Shell Studies Acquisition of BP, Reports Say

Bloomberg reported that Shell is working with advisers to evaluate a potential acquisition of BP, its U.K. rival.

May 5, 2025

OPEC+ Throws ‘Bombshell to the Oil Market’

OPEC+ agreed to surge output again in June, as the group’s leaders continue an accelerated revival of supply aimed at punishing overproducing members that has sent crude prices plunging.

May 5, 2025