ºÚÁϳԹÏÍø

Petroleos Mexicanos’ head of crude oil trading Victor Briones and two other executives left the company amid a conflict over an external review of the nation’s crude price formulas, people familiar with the matter said.

More than two months and 20,000 kilometers (12,000 miles) ago, the tanker Da Yuan Hu left Singapore and headed to Mexico to pick up a shipment of crude oil. On Sept. 26, with less than two weeks to go until it reaches its destination, its long quest could be in jeopardy.

U.S. trailer orders in August bounced along below 11,000 units for the fourth consecutive month and were 72% lower than a year earlier, according to ACT Research, amid near-record factory inventories of undelivered trailers, plus plentiful cancellations.

WASHINGTON — The transportation committee in the U.S. House of Representatives is likely to consider a long-awaited highway bill early next year, Rep. Peter DeFazio, the chamber’s top transportation policymaker, said in an exclusive interview with Transport Topics.

China’s top maker of electric-vehicle batteries plans to spend $1.4 billion (10 billion yuan) building its first factory in the southwest of the country, adding to ambitious plans for the next decade even as the short-term EV outlook gets buffeted by subsidy cuts and demand uncertainties.

Significant upgrades of freight and commuter corridors would vastly improve motorists’ quality of life and regional commerce, a panel of infrastructure experts told a congressional panel Sept. 25.

California drivers soon may pay $4 a gallon at the pump after refinery upsets pushed up the wholesale market in San Francisco to the strongest level in almost seven years.

The head of American Trucking Associations plans to focus on fighting back against large court verdicts against the industry, continuing the push for a national infrastructure package and working toward reform for federal hours-of-service rules when the industry gathers for ATA's annual Management Conference & Exhibition in San Diego.

The Environmental Protection Agency notified California in a letter Sept. 24 that it has failed to file complete plans for fighting conventional air pollution and may lose highway funding as punishment.