Category: News

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a shift away from renewable energy.

Nippon Steel reiterated its objective for the $14.1 billion takeover of U.S. Steel after President Donald Trump said the Japanese company was considering an investment instead.

The Semis will be available for drayage use at the ports of Long Beach and Los Angeles, the first time the Class 8 battery-electric truck has been used at the largest port complex in the U.S.

Federal buildings across the U.S. have been ordered to shut off electric vehicle chargers, the latest move to rescind pro-EV initiatives in President Donald Trump’s first months in office.

Home Depot broke a two-year slump in same-store sales during the fourth quarter as customer demand improved in a housing market that has been buffeted by soaring mortgage rates.

The darkening landscape for clean-truck rules is a blow to businesses that have poured money and years of toil into California’s expected clean-energy transition for heavy-duty trucks.

“People are looking at the prices of things and freaking out,” Bob Costello said Feb. 20 at the 2025 Recruitment & Retention Conference in Nashville.

Thieves have targeted freight trains running through the deserts of California and Arizona in a string of audacious heists resulting in the theft of more than $2 million worth of Nike sneakers.

FedEx said its bondholders agreed to remove its freight business from its lending documents, making it easier for the shipping giant to spin the business off into a new company.

TFI International reversed its decision to move its legal headquarters to the U.S., saying it was backing down after shareholders expressed opposition to the idea.