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John Hess plans to buy back his family’s iconic toy truck business next year from Chevron after the oil giant bought his company this month.

The national average diesel price inched down seven-tenths of a cent to $3.805, stopping a streak of three straight increases, according to the U.S. Energy Information Administration.

The Baker Hughes deal will expand the oilfield service giant’s reach into liquefied natural gas, data centers and other technologies.

The Trump administration is formally proposing to scrap the U.S. government’s authority to regulate greenhouse gases as an air pollutant.

The move was described as a nod to commitments made in the Clean Truck Partnership deal that California forged with truck manufacturers as part of the state’s emissions reduction efforts.

Indiana lawmakers voted to seek federal authority to become the first state that charges tolls on interstate highways, a move taken over the objections of state truckers.

Berkshire Hathaway’s Pilot Travel Centers is considering the sale of its water-management services unit, as the truck-stop chain focuses on its primary businesses, according to sources.

Phillips 66 is maximizing diesel production to take advantage of strong demand and would consider investing in projects that give its refineries the flexibility to make more of the fuel.

Optimism is growing at truck maker Paccar about order levels and demand for new tractors in the second half of 2025 and in 2026, said CEO Preston Feight.

The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter.