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GM to Double Down on China After Tesla Grabs EV Lead

General Motors Co. is accelerating its push into the fast-growing electric-car segment in China, the world’s largest market, seeking to challenge sales leader Tesla Inc. and a slew of local contenders.

August 19, 2020

Black Horse Carriers Joins Penske’s Electric Vehicle Program

Penske Truck Leasing announced that dedicated fleet services company Black Horse Carriers has joined its electric vehicle program.

August 17, 2020

US Seizes Four Iranian Tankers Carrying Fuel to Venezuela

The U.S. seized four tankers carrying Iranian gasoline bound for Venezuela in an unprecedented move by the Trump administration that carries the potential to destabilize global oil shipments if Iran retaliates.

August 14, 2020

J.B. Hunt Progresses Toward Sustainability Goals

J.B. Hunt Transport Services has issued a report that provides a window into the company’s current energy usage and outlines a series of corporatewide sustainability goals it has adopted.

August 13, 2020

Oil Pares Monthly Gain With Global Supply Onslaught Looming

Oil is set to eke out a monthly gain, yet futures lost steam on July 31 amid threats that the market will soon become oversupplied.

July 31, 2020

Baker Hughes Bracing for Second Wave of COVID-19 Lockdowns

Baker Hughes Co. is bracing for a second wave of pandemic-induced lockdowns after the virus crippled economic activity around the world and compounded a historic oil bust.

July 22, 2020

Ford, VW Electric Models May Be Delayed by Trade-Secret Fight

Ford Motor Co. and Volkswagen AG warned a swirling legal dispute between two South Korean battery suppliers could threaten their plans to start producing electric vehicles in the U.S.

July 21, 2020

Amazon Aviation Fuel Deal Adds to Demand for Lower-Emissions Alternatives

Amazon.com Inc. will buy an aviation fuel blend made from used fats, oils and greases over the next 12 months as it searches for ways to reduce the greenhouse gas emissions of its growing air cargo operations.

July 9, 2020

Judge Orders Dakota Access Pipeline Shut Down Pending Review

A federal judge on July 6 sided with the Standing Rock Sioux Tribe and ordered the Dakota Access pipeline to shut down until more environmental review is done.

July 6, 2020

OPEC Cuts Output to Lowest Since 1991 as Virus Slams Oil Demand

OPEC slashed oil production to the lowest level since the Gulf War in 1991, as it escalated efforts to revive global markets just as a resurgence of the coronavirus is threatening demand again.

July 1, 2020