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Oil Refiners in US Slow Down, Stoking Global Glut Worries

Some of the top U.S. oil refiners are throttling back operations at their facilities this quarter, adding to concerns that a global glut of crude is forming.

August 12, 2024

CHIPS Act Turns 2, Stays on Track

The Biden administration is nearly finished dividing up $39 billion in grants under the CHIPS and Science Act, the landmark legislation aimed at revitalizing the semiconductor industry.

August 9, 2024

Trucking Insurance Concerns Go Beyond High Premiums

Although high premiums have been a top concern, industry leaders and state regulators have taken action to curb other insurance challenges that greatly affect the industry at large.

August 9, 2024

How Carriers Are Taming Insurance Costs

Insurance costs have been ­steadily increasing post-COVID amid high inflation, increased labor and equipment costs, and larger settlements. Here's what fleets are doing to combat them.

August 9, 2024

WeRide May Seek Up to $400 Million in US IPO, Placement

China’s WeRide Inc. is seeking as much as $400 million in a U.S. initial public offering and concurrent private placement, people familiar with the matter said.

August 9, 2024

Fleets Balance Risk and Reward in Truck Lease Agreements

Industry leaders advise that if structured fairly, truck lease-purchase agreements can be vital to the trucking industry.

August 8, 2024

ATA Celebrates Win as Trucker Tax Proposal Rejected

A committee of the Multistate Tax Commission failed to muster a vote in support of the tax-basis change after ATA made it clear that its 50-state federation would strongly oppose the idea.

August 8, 2024

EPA Probes Biodiesel Supply Chains as Fraud Concerns Mount

The Biden administration is following the paper trails of some biodiesel producers amid heightened concern the fuels are at times being made with deceptive ingredients, violating federal law.

August 7, 2024

Senate Republicans Ramp Up EV Resistance

Before leaving Washington for a six-week summer break, senior Senate Republicans again pushed back on the White House’s electric vehicle agenda.

August 7, 2024