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Less Volatility in Diesel Prices Expected in 2024

Motor carriers can expect lower prices and less volatility at diesel pumps in 2024, according to experts. 

January 9, 2024

Berkshire Settles Pilot Travel Sale Claims on Eve of Trial

Berkshire Hathaway has avoided trial by settling allegations it violated the terms of its buyout of Pilot Travel Centers by changing the accounting methods used to value part of the deal.

January 8, 2024

EV-Charging Firms Could Struggle With Finances in 2024

U.S. electric vehicle charging installations fell significantly last year as companies grappled with financial challenges, according to a BloombergNEF report.

January 9, 2024

Diesel Drops 4.8¢ to $3.828 a Gallon

The national average diesel price continued its steady descent, shedding 4.8 cents to reach $3.828 a gallon, according to Energy Information Administration data released Jan. 8.

January 8, 2024

VinFast Names Vietnam’s Richest Billionaire New CEO

VinFast, the Vietnamese electric carmaker building a multibillion-dollar factory in North Carolina, has replaced its CEO and CFO in the company's latest executive shuffle.

January 8, 2024

Shipping Shows Signs of Panic as Houthis Menace Trade Lane

Container shipping is set to face a crunch ahead of the Lunar New Year holiday as Houthi attacks in the Red Sea restrict capacity, a major industry consultant said. 

January 8, 2024

Nikola Showcases Hydrogen Fuel Cell EV at CES

LAS VEGAS — Nikola Corp. showcased the range and maneuverability of its hydrogen fuel cell electric truck Jan. 7 during a test ride at CES 2024.

January 8, 2024

Daimler Truck Deputy Chair Wary of 15% Cost Savings Target

Daimler Truck Holding is not likely to achieve the 15% reduction in operating costs, investment and research and development expenditures it’s targeting by 2025, its deputy chairman said.

January 8, 2024

Stellantis Sales Drop 1% in 2023; Plug-In Hybrids Up

Stellantis NV reported a 1% U.S. sales decline in 2023, the company said Jan. 3. The automaker sold 1.527 million new vehicles last year, down from about 1.547 million sold in 2023.

January 8, 2024