Category: News

OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the U.S. shale industry, Iran’s representative to the group said.

KAG gains a variety of assets in the deal, including 39 tractors, 91 trailers, a terminal, a maintenance facility and approximately 3,000 feet of rail for transloading operations

A private equity vehicle led by Roadrunner Freight CEO Chris Jamroz bought a majority ownership stake in the less-than-truckload carrier from Elliott Investment Management.

BP Plc anticipates strong growth in the U.S. as President-elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boosts energy demand.

Gov. Newsom’s office told Bloomberg News that the current proposal includes market-share limitations that would exclude Tesla’s popular EV models.

Samsara is teaming up with Northland Insurance to offer the latter’s customers a discount on their premiums or subsidies for investments, the in-cab technology provider said.

Trailer telematics specialist FleetPulse is set to become available for Canadian fleets, the company said Nov. 20.

Here’s the solution to the crossword puzzle found in the November 25, 2024 print edition.

Schneider is acquiring Baltimore-based Cowan Systems in a $390 million deal that will expand the carrier’s dedicated trucking services. The transaction is set to close by the end of 2024.

The package is among the largest seen since 2022, when the Federal Reserve began lifting interest rates, ending the easy-money era.