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.
July 24, 2025Search
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Tesla Profit Falls 16% as It Becomes ‘Toxic Brand’
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.
July 24, 2025NYC to Build Freight EV Charging Depot in the Bronx
The depot will include at least eight trailer-enabled fast-charge stalls for Class 8 trucks, alongside chargers for medium- and light-duty vehicles, with 24/7 access.
July 23, 2025Chevron Cuts 575 Houston Jobs After $53B Hess Takeover
The reductions were handed down on July 18 and take effect Sept. 26, according to a filing with the Texas Workforce Commission on July 23.
July 23, 2025Tesla Outlook Darkens, Testing Musk's Robotaxi Vision
With federal incentives meant to encourage EV sales set to disappear later this year, things are likely to get even more challenging in the coming months.
July 23, 2025Watch: Use Cases for Fleet Hybridization Begin to Emerge
Hybrid-electric trucks offer a middle ground at lower cost and with less range anxiety than fully electric models.
July 22, 2025Tesla’s California Market Share Slips as Rivals Gain Ground
The number of new Tesla vehicles registered in California fell once again as the company continued to lose ground in the largest U.S. market for electric vehicles.
July 22, 2025ConocoPhillips Nears $1.3 Billion Sale of Oklahoma Assets
ConocoPhillips is in advanced talks to sell some of its Oklahoma assets to closely held Flywheel Energy for around $1.3 billion, people familiar with the matter said.
July 22, 2025Nevoya Raises $9.3 Million in Backing for Expansion Plans
California-based carrier Nevoya raised $9.3 million in seed financing to bolster its expansion plans, the company said July 22.
July 22, 2025Americans, Not Exporters, Eat Rising Tariff Costs
“The top-down macro evidence seems clear: Americans are mostly paying for the tariffs,” George Saravelos, global head of FX research at Deutsche Bank.
July 22, 2025