ATRI: Repeal of Truck Excise Tax Would Cut Costs
The excise tax on a model year 2024 zero-emission truck costing as much as $435,000 can total more than $52,000. (Rechtien International Trucks) A repeal of the 12% federal truck excise tax for new trucks would not only cut costs for truckers, it could benefit the environment and safety, according ...more
Shell Studies Acquisition of BP, Reports Say
(Bloomberg) BP Plc rose on May 5 after Bloomberg reported that Shell Plc is working with advisers to evaluate a ...more
Ram Brings Back Cheaper US-Made Pickup to Fuel Recovery
Ram 1500 Express. (Stellantis North America via Facebook) Stellantis NV’s Ram brand is bringing a cheaper version of its Michigan-made ...more
Tiny Logistics Firm’s Shares Surge on Plan to Buy Trump Coin
(Freight Technologies Inc.) A small logistics company’s plan to hold President Donald Trump’s memecoin as a treasury asset is fueling ...more
OPEC+ Throws ‘Bombshell to the Oil Market’
Pump jacks in Russia. (Andrey Rudakov/Bloomberg) OPEC+ agreed to surge output again in June, as the group’s leaders continue an ...more
Ford Suspends 2025 Outlook Amid Trump Tariff Strain
Ford CEO Jim Farley last week said the company won’t increase the price of its vehicles until it sees how ...more
Morgan Olson Debuts Compact Kestrel Work Truck
(Morgan Olson) Morgan Olson has introduced a more compact addition to its fleet with the launch of the Kestrel work ...more