Ex-Shell US Oil Trading Boss Claims He’s Owed $29 Million Bonus
A logo on an oil storage silo at the Shell Pernis refinery in Rotterdam, Netherlands. (Peter Boer/Bloomberg News) Shell Plc’s former head of oil trading in the U.S. was stiffed on his 2020 bonus by more than $29 million, he claims in a lawsuit that shines a light on compensation ...more
US to Buy 6 Million Barrels of Oil for Emergency Reserve
Crude oil pipelines at the U.S. Department of Energy's Bryan Mound Strategic Petroleum Reserve in Freeport, Texas. (Luke Sharrett/Bloomberg News) ...more
Yellow Gains Financial Targets Waiver
Yellow also said it had sold a terminal in Compton, Calif., for $80 million. (Yellow Corp.) Yellow Corp. will not ...more
Diesel Prices Jump an Average of 3.9¢ to $3.806 a Gallon
The current 3.9-cent rise in the national average diesel price trails only an 8-cent increase Jan. 23 for this year. ...more
Wyoming Lands $13 Million Grant to Improve Interchange
An overview of the project. The interchange at I-80 and I-25 is a critical freight corridor for local, state and ...more
Used Car Prices Fall Most Since Pre-Pandemic
Used cars for sale at Big Motoring World's showroom near Chatham, U.K. (Chris Ratcliffe/Bloomberg News) Used car prices in the ...more
Class 8 Truck Sales to Blast Past Previous 2023 Expectations
The Freightliner eCascadia is an example of legacy brands introducing "cleaner" versions of their trucks. (Freightliner) New registrations for U.S. ...more
Wrong-way, DUI motorist wreaks havoc between multiple cars, semi trucks
A motorist has been charged with driving under the influence after a wrong-way crash involving ...more
VIDEO: Trucker cut off by clueless car driver takes to the shoulder to prevent a big wreck
A truck driver’s alertness and defensive driving skills are on display in this dash cam ...more
TFI Q2 Profit Dips by More Than 50% on Lower Freight Volumes
TFI International operates TST Overland Express. TFI reported revenue of $1.79 billion in the most ...more
CFD: Chemical spill cleanup will take days following chemical fire in semi truck
Officials say the cleanup of a chemical spill caused by a burning semi truck in ...more
Cargo Airline Western Global Goes Bankrupt
(Western Global Airlines) Western Global Airlines filed for bankruptcy protection with plans to slash its ...more
FRA Finds Norfolk Southern ‘Should Be Doing More’ on Safety
Aerial image of the Norfolk Southern derailment in East Palestine, Ohio, Feb. 4. (Gene J. ...more
FMCSA Will Accept Challenges to Meal-Rest Break Pre-emption Ruling
FMCSA's pre-emption decision was upheld in January 2021 by the 9th U.S. Circuit Court of ...more
Auto Parts Maker Shinhwa Plans Expansion at Alabama Facility
A drone view of the plant's interior. (Shinhwa) MONTGOMERY, Ala. — An auto parts supplier ...more