U.S. retail sales of medium-duty trucks in July experienced overall year-over-year gains despite mixed results across vehicle segments, according to data from Wards Intelligence.
Category: News
California Drivers Face Nation’s Steepest Fuel Tax Mountain
A new fuel analysis names California, Illinois and Pennsylvania as the states with this year’s highest diesel and gas taxes, while Alaska, Mississippi and Hawaii have the lowest.
California Drivers Face Nation’s Steepest Fuel Tax Mountain
A new fuel analysis names California, Illinois and Pennsylvania as the states with this year’s highest diesel and gas taxes, while Alaska, Mississippi and Hawaii have the lowest.
Westport Posts Slight Revenue Decline Amid Restructuring
The Vancouver, British Columbia-based fuel system component manufacturer posted net income of $5.8 million, or 33 cents per diluted share, for the three months ending June 30.
Polestar Starts US Production to Sidestep Steep EV Tariffs
Polestar Automotive Holding UK Plc has started production of its Polestar 3 sport utility vehicle in the U.S. to sidestep the nation’s tariffs on Chinese-made electric vehicles.
Rheinmetall Expands in US With $950 Million Defense Deal
Rheinmetall AG is set to buy a U.S. military vehicle specialist for $950 million as the German company seeks to expand its position in the world’s largest defense market.
CPI Inflation Slowed Again in July
WASHINGTON — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September.
FedEx Freight’s Light Conquers Pennsylvania
This summer, the one time Mike Light focused all his energy on demonstrating the full prowess of his precision-driving skills, he took home Pennsylvania’s grand champion trophy.
Darling Ingredients Surges on California Proposal
Darling Ingredients soared the most in eight years after California signaled it may limit the use of seed oils in green diesel, which would be a boon to companies that use rival feedstocks.
Cargill Revenue Down as Trader Struggles With Profit Targets
Cargill Inc. took a revenue hit of almost 10% in its most recent fiscal year, a decline that comes amid signs of profit struggles at the world’s biggest crop trader.