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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

Wilks Brothers Swoop In With Competing Offer for Calfrac

Wilks Brothers has made a competing proposal to recapitalize struggling energy company Calfrac Well Services Ltd. and criticized management’s deal as favoring insiders.

August 4, 2020

Schlumberger Shrinks Staff to Lowest Since Pre-Shale Era

Schlumberger Ltd. posted its weakest sales in 14 years and is cutting one-fifth of its workforce while warning that new waves of COVID-19 could derail the nascent recovery in global energy demand.

July 24, 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

Halliburton Rises on ‘Outstanding’ Cuts After Frack Slump

Halliburton Co. impressed investors by slashing costs more than expected as the fracking behemoth works its way through an historic shale bust. The shares surged more than 8%.

July 20, 2020

California Becomes Epicenter of Emerging Truck Technology

With its emissions mandates, tough labor laws, inspection requirements and extensive regulations, California has become both a difficult and expensive environment for trucking.

May 22, 2020

Stocks Sink Under Weight of Another Collapse in Oil Prices

Stocks have fallen in early trading on Wall Street April 20, as energy stocks get hammered by the latest collapse in the price of oil.

April 20, 2020

FedEx to Add 42 Electric Charging Stations in California

FedEx Corp. plans to electrify 42 FedEx stations in California, in the next phase of its electric vehicle rollout — calling it one of the largest deployments of integrated charging infrastructure by a single commercial fleet to date.

February 28, 2020

NFI Motivated to Move Forward on Electric

CHINO, Calif. — For-hire carrier NFI is planning broader adoption of electric Class 8 trucks after six months of testing the Freightliner eCascadia in Southern California, the company said.

February 19, 2020

Canadian Carrier Mullen Sees Q3 Earnings Decline as Oil Shipments Fall

Canadian carrier Mullen Group Ltd. posted a 6.4% decline in net income in the third quarter, to C$20.5 million or 20 cents per share, according to a company news release Oct. 24.

October 30, 2019