OPEC+ Talking About a Fourth 411,000-Barrel Hike in August
An OPEC-branded oil drum at the COP29 climate conference in Baku, Azerbaijan, in November 2024. (Andrey Rudakov/Bloomberg) OPEC+ has begun discussing another 411,000 barrel-a-day production increase for August ahead of the group’s videoconference this weekend, according to delegates who asked not to be identified. Saudi Arabia and its partners have ...more
California to Sue to Stop Trump’s Sweeping Tariffs
Gavin Newsom in 2024. (Jeff Chi/Associated Press) SACRAMENTO, Calif. — California Gov. Gavin Newsom said April 16 that his state ...more
Trump to Join Trade Talks With Japanese at White House
Japan's top trade negotiator Ryosei Akazawa on Oct. 1 in Tokyo. (Hiro Komae/AP) WASHINGTON — President Donald Trump said he’s ...more
Trump Looks to Boost Use of Technology to Speed Up Permitting
President Donald Trump signing an executive order. (Al Drago/Bloomberg News) President Donald Trump signed a directive April 15 aimed at ...more
CSX Net Income Decreases 27% in First Quarter
CSX CEO Joe Hinrichs said he still expects volume to increase this year, but it’s hard to predict how much ...more
J.B. Hunt Reports Small Dips in Revenue, Earnings for Q1
J.B. Hunt posted net earnings of $117.7 million in Q1, compared with $127.5 million during the same time the previous ...more
Governors, Senators Ask EPA to Back Biofuel Industry
A soybean processing facility, including a soybean oil mill and biodiesel plant, in Greenwood, Miss. (Rory Doyle/Bloomberg) Four governors and ...more
Siemens to Cut 6,000 Jobs, Some in EV Charging Business
(Krisztian Bocsi/Bloomberg) Siemens AG plans to reduce its global head count by about 6,000 workers, ...more
Traton, Applied Intuition Team Up on Software-Defined Trucks
Traton said Applied Intuition would provide a scalable, extensible and modular vehicle operating system to ...more
Hong Kong Raises Concerns About Deal for Panama Canal Ports
Cranes load a cargo ship at the Panama Canal's Balboa Port in Panama City. (Matias ...more
Truck Tonnage Rises 3% in February, Signaling Recovery
Great Dane The freight market experienced a 3% sequential tonnage increase in February as well ...more
Congressional Republicans Introduce EPA Waiver Bills
Tractor-trailers and other vehicles on the Oklahoma Turnpike. Markwayne Mullin, a U.S. senator from the ...more
Port Neighbors Fear Pullback on Shift to EVs
A cargo ship is plugged in to an electric grid rather than burning diesel at ...more
Trump Tariffs to Raise Bar to Invest in US, JETRO Says
A containership berthed in Tokyo. (Koji Sasahara/Associated Press) President Donald Trump’s tariff campaign is likely ...more
With Fuel Tax Revenue Down, States Look to Fund Roads
Workers talk as construction continues on Stark Street Bridge in Troutdale, Ore. (Jenny Kane/AP) PORTLAND, ...more
Ram Brings Back Hemi V8 Engine in Bid to Reclaim Lost Sales
The 2026 Ram 1500 is available with a Hemi V8 engine. (Ram Trucks) Ram is ...more
Trucker praised for sign of respect during fallen police officer’s funeral procession
A social media post has gone viral for documenting the actions of a truck driver ...more
The Pennsylvania Department of Transportation is planning an overhead sign removal after a tractor trailer ...more
Mississippi Welcomes Warehouse, Transport Hub
Jones County, Miss. Gov. Tate Reeves has welcomed a $64 million venture between a Mississippi-based ...more
Markets on Edge as China, US Hold Second Day of Trade Talks
From left: Jamieson Greer, Lutnick, Bessent, Chinese Vice Premier He Lifeng and other delegation members ...more
VIDEO: Fire-breathing ‘Megasaurus’ entertains drivers at ferry terminal
A motorist captured surprising video of a mechanical dragon putting on an impromptu show for ...more
Watch as this trucker plows right through high water after heavy central Texas rains this ...more
Nikola Adjourns Annual Meeting, Seeks More Votes on Shares
Nikola Tre by Nikola Corp. Nikola’s bid to issue more shares and obtain enough funding ...more