Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared.
October 29, 2024Search
Showing 10 of 8053 results
= Premium Content
Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Diesel Price Nudges Up 2¢ to $3.573 a Gallon
The U.S. average diesel price edged up 2 cents, reaching $3.573 per gallon, according to U.S. Energy Information Administration data released Oct. 28.
October 28, 2024Ford’s Profit Outlook Falls Short as EV Demand Slows
Adjusted earnings before interest and taxes this year will be about $10 billion, down from a previous outlook for as much as $12 billion, the company said Oct. 28.
October 28, 2024Voltera Adds Two California Truck Charging Locations
“Securing these two sites in California is a significant step forward in our mission to support the electrification of commercial fleets,” said Sylvia Hendron.
October 28, 2024As Crude Fades, Big Oil Must Borrow to Pay Investors
Weaker crude prices and refining margins are likely forcing four of the five supermajor oil companies to borrow money to fund $15 billion in share buybacks for the most recent quarter.
October 28, 2024Tesla Targets Full Semi Production by End of 2026
Tesla expects production of its Semi Class 8 tractor to accelerate to full throttle by the end of 2026, according to a senior executive, as the automaker offers more details about the vehicle.
October 25, 2024Biden Greenlights Lithium Mine in Race to Secure Supply
Ioneer Ltd.’s Rhyolite Ridge Lithium-Boron Project in Nevada has received its federal permit from the Bureau of Land Management, according to a company statement Oct. 24.
October 24, 2024GM Sees Timing Issue as Canada Reduces EV Rebates
“Just as mandates and regulations start to bite, the timing is not necessarily lining up very well, in that the purchase incentive support comes off,” GM Canada's president said.
October 24, 2024Tesla Stock Rises After Q3 Earnings Beat Estimates
The company on Oct. 23 reported adjusted earnings of 72 cents per share for the quarter, above the average analyst estimate.
October 23, 2024Tesla’s Shrinking Margins Put Pressure on Upcoming Earnings
Shares of the Elon Musk-led company have fallen 12% this year through Oct. 22, while all of its Big Tech peers have advanced.
October 23, 2024