Key OPEC+ nations Iraq, Kazakhstan and Russia continue to pump above output limits intended to shore up global oil prices, the group’s data showed.
Category: News
Amazon Says Its Carbon Emissions Fell in 2023
Amazon.com Inc. says its carbon emissions fell for a second straight year in 2023 as the company cut spending on new warehouses and cloud-computing data centers.
Yokohama Said to Hold Talks for Goodyear’s OTR Tire Business
Yokohama Rubber Co. is in advanced talks to buy Goodyear Tire & Rubber Co.’s Off-the-Road tire business for at least $1 billion, according to people familiar with the matter.
Report Finds Opportunities, Obstacles For Electric Vehicles
The trucking industry is seeing more opportunities to deploy electric vehicles despite obstacles that still must be overcome, according to a July 9 report by NACFE and RMI.
UPS Names Brian Dykes New CFO of Company
UPS Inc. named a company veteran to be its new chief financial officer after the parcel giant’s former finance leader left the company last month to focus on his health.
Driverless Car Hits Person Crossing Against Light in China
BEIJING — A driverless ride-hailing car in China hit a pedestrian, and people on social media are taking the carmaker’s side because the person was reportedly crossing against the light.
FedEx Freight’s Rogers Wins Colorado
Colorado grand champion Tyler Rogers of FedEx Freight is eager to again accept the challenge of competing at the National Truck Driving Championships in the sleeper berth class.
Kroger, Albertsons Unveil Stores to Be Divested Before Trial
Kroger Co. released the full list of stores, distribution centers and plants it plans to divest to secure regulatory approval for the proposed merger with Albertsons Cos.
Foreign Carmakers Outproduce Detroit Brands in US
Foreign-owned manufacturers churned out more vehicles in the U.S. last year than their rivals in Detroit, a first for the market that underscores major shifts in domestic auto production.
Daimler Truck North America Q2 Sales Fall 4.7% Year-on-Year
Daimler Truck North America sold 48,230 vehicles in the second quarter of 2024, a 4.7% decrease compared with 50,618 trucks and buses in the same period in 2023.