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Trump Team Readies Oil Sanctions Plan for Russia Deal

Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine diplomatic accord in the coming months.

January 16, 2025

US to Finalize Billions in Funding for Rivian, Plug Power

The Biden administration is poised to finalize billions of dollars in financing for electric vehicle maker Rivian Automotive and hydrogen manufacturer Plug Power.

January 16, 2025

Canada Readies Tariffs on $105 Billion of US Products

Canada has drawn up an initial list of C$150 billion of U.S.-manufactured items that it would hit with tariffs if President-elect Donald Trump decides to levy tariffs against Canadian goods.

January 15, 2025

Duffy Promises Bold Vision as Trumps Transportation Nominee

If confirmed, we will craft clear regulations that balance safety, innovation and cutting-edge technology, the nominee told senators Jan. 15.

January 15, 2025

Truckload Rate Outlook for 2025 Softens, Remains Positive

FTR expects contract truckload rates to increase 2.2% on a full-year basis in 2025, adding that by the end of 2025, contract rates will be rising 5% year on year.

January 15, 2025

Duffy Vows to Not Protect Musk in NHTSA Probe of Tesla

Sean Duffy, President-elect Donald Trumps nominee to lead USDOT, promised to not interfere with ongoing NHTSA investigations into Tesla if confirmed as secretary.

January 15, 2025

Trade Wars May Slow Battery Price Plunge

Battery prices are set to fall for a third straight year though not nearly as much as in the past, due to rising trade tensions and metals prices, according to analysts at BloombergNEF.

January 15, 2025

December Medium-Duty Sales Continued to Trend Below 2023

U.S. retail sales of medium-duty trucks declined year-over-year despite a sequential increase in December, according to data from Wards Intelligence.

January 15, 2025

OPEC Sees Steady Oil Demand Growth in First Look at 2026

OPEC forecast another year of steady oil demand growth, driven by India and China, in its first detailed assessment of 2026.

January 15, 2025