US 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.
Ohio 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.
CIE 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.
60 Seconds: Volvo to Test Customer Hydrogen ICE Trucks in 2026
Volvo Group plans to begin testing trucks with hydrogen-powered internal combustion engines with customers in 2026 and launch commercial production toward the end of the decade,
EV 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 “fut
Parts 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
Inflation 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
Hess 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.
Sources: Hertz Is Exploring Options for Raising Financing
Hertz Global Holdings is exploring options to raise financing weeks after the company’s new CEO pledged to get it back on track following a failed bet on electric vehicles, accor
What’s That? Safety Stock
From a surface perspective, safety stock is extra quantity of a product which is stored in the warehouse to prevent an out-of-stock situation. It serves as insurance against fluctu