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Chevron Slows Permian Growth in Hurdle to Trump Oil Plan

Chevron plans to slow production growth in the biggest U.S. oil field next year in the most definitive sign yet that President-elect Donald Trump faces an uphill battle to ramp up energy output.

December 6, 2024

Survey: EV Reliability Improves but Still Lags Gas Models

DETROIT — The reliability of electric vehicles and plug-in hybrids has dramatically improved, narrowing a wide gap with gas-powered automobiles, according to the latest survey by Consumer Reports.

December 5, 2024

Honda Recalls Nearly 206,000 SUVs to Fix Fuel Filler Tubes

DETROIT — Honda is recalling nearly 206,000 SUVs in the U.S. because the fuel filler neck can separate from the filler pipe in a crash, allowing gasoline to leak and increasing the risk of a fire.

December 5, 2024

Canada Investigates Vietnamese Container Chassis Imports

The Canada Border Services Agency has launched an investigation into container chassis imported from Vietnam by British Columbia-based Ocean Trailer, a spokesman for the agency said.

December 5, 2024

Shutdown Looms as Congress Debates Transportation Funding

Congress is working to clear for President Joe Biden fiscal 2025 legislation prior to this month’s deadline. A new session of Congress is scheduled to start in early January.

December 5, 2024

October Used Class 8 Truck Sales Rise 10.7% Year Over Year

Used Class 8 truck sales in October increased 10.7% year over year to 23,800 units from 21,500, ACT Research reported.

December 5, 2024

GOP Leaders Give Graves Runway to T&I Panel Chairmanship

House Republican leaders have facilitated Rep. Sam Graves’ chances of keeping his gavel on the influential transportation policy panel.

December 5, 2024

Trucking Demand and Capacity Edge Closer to Equilibrium

“Broadly speaking, freight demand trends are gradually improving,” said Carter Vieth, research associate at ACT Research.

December 5, 2024

Ryder Truck Rental Growth Hints at Freight Market Recovery

Truck rental utilization is a key performance indicator for the fortunes of Ryder’s biggest business unit and for the health of the freight market in general, CEO Robert Sanchez said.

December 5, 2024