John Hess is talking to directly with shareholders in a last-ditch effort to ensure enough support for a $53 billion takeover by Chevron Corp., according to people familiar with the matter.
May 23, 2024Search
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Judge Signs Off on $600M Ohio Train Derailment Settlement
A federal judge has signed off on the $600 million class action settlement over last year’s disastrous Norfolk Southern derailment in eastern Ohio.
May 22, 2024Pilot’s Wright: Companies Must Lead Sustainability Movement
LAS VEGAS — To provide a better understanding of the drive for innovation of alternative fuels and electrification, Pilot CEO Adam Wright told a story of his family vacation at a water park.
May 24, 2024Big Oil Investigation Sent to Justice Department by Dems
Democrats are asking the Department of Justice to investigate major oil companies and their trade groups following a congressional probe.
May 22, 2024April Trailer Orders Up After Six Months of Declines
U.S. trailer orders increased year-over-year for the first time in six months during April, ACT Research reported.
May 22, 2024Volvo, Aurora Unveil Production-Ready Autonomous Tractor
LAS VEGAS — Volvo Trucks has unveiled its first production-ready autonomous Class 8 tractor, which combines its newly updated VNL model with Aurora’s automated driving technology.
May 22, 2024Delaware Creates Police Unit Focusing on Interstate Drivers
Three interstates forming the backbone of Delaware’s freight route are now the focus of a new state police Highway Safety Unit that will concentrate on patrolling interstate traffic.
May 22, 2024Electrification Has Its Challenges, J.B. Hunt’s Simpson Says
LAS VEGAS — J.B. Hunt's Shelley Simpson encouraged attendees at the Advanced Clean Transportation Expo to be part of the solutions and innovation of sustainable transportation.
May 22, 2024New Cars in California Could Alert Drivers to Speeding
SACRAMENTO, Calif. — California could eventually join the EU in requiring all new cars to alert drivers when they break the speed limit, a proposal aimed at reducing traffic deaths.
May 22, 2024Average US Vehicle Age Hits Record 12.6 Years
DETROIT — Cars, trucks and SUVs in the U.S. keep getting older, hitting a record average age of 12.6 years in 2024 as people hang on to their vehicles largely because new ones cost so much.
May 22, 2024