Nearly six months into the Houthis’ relentless campaign to protest Israel’s war in Gaza, the economic fallout is widening.
June 3, 2024Search
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Robert Brown of Bot Auto breaks down the state of autonomous trucking today, and where it's headed.
OPEC+ Extends Supply Cuts Amid Slack Prices
FRANKFURT, Germany — Saudi Arabia and allied oil producing countries on June 2 extended output cuts through next year, a move aimed at supporting slack prices.
June 3, 2024US Diesel Demand Hits 26-Year Seasonal Low in March
U.S. diesel demand plummeted to its lowest seasonal level in 26 years in March, driven by slowing economic growth.
May 31, 2024Ohio Coordinates ‘Super Load’ Cargo Movements on Trucks
Ohio transportation officials are coordinating the movements of several trucks carrying “super loads” of cargo weighing up to 900,000 pounds.
May 31, 202460 Seconds: Volvo to Test Customer Hydrogen ICE Trucks in 2026
Volvo Group plans to begin testing with customers in 2026 and launch commercial production toward the end of the decade, the parent company of Volvo Trucks North America and Mack Trucks said May 23.
May 31, 2024CIE Cleared of Chinese-Related Antidumping Allegations
CIMC Intermodal Equipment was cleared by federal officials of allegations that it evaded antidumping duties on chassis and subassemblies from China.
May 31, 2024EV Maker Lucid Chops Hundreds of Jobs Amid Red Ink
NEWARK, Calif. — Lucid Group has revealed its plans to slash hundreds of jobs, part of a reorganization that the maker of electric vehicles hopes will help position it for “future success.”
May 31, 2024Parts Suppliers Fear a Crash With Shift to EVs
Anxiety over a transition to electric vehicles is high in the thousands of businesses that have long supplied parts and equipment for cars and trucks powered by internal combustion engines.
May 31, 2024Hess Shareholders Approved Chevron Takeover by Slim Majority
Hess Corp. shareholders approved the company’s proposal to be acquired by Chevron Corp. for $53 billion by a razor-thin majority of 51% of shares outstanding.
May 31, 2024Inflation Gauge Rises at Slowest Pace This Year
WASHINGTON — A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year.
May 31, 2024