The Biden administration is poised to lend $1.2 billion to Entek Lithium Separators to help expand the U.S. supply chain for lithium-ion batteries used in electric vehicles.
Category: News
Diesel Price Rises 5.2 Cents to $3.865
The nation average diesel price rise 5.2 cents to $3.865 in its fourth consecutive increase, according to Energy Information Administration data released July 8.
Canadian Border Agency Staff Ratifies Labor Agreement
Unionized Canadian border agency staff members have ratified a tentative collective bargaining agreement.
Congressional Republicans Target EPA Rule
Senior congressional Republicans recently called on the Biden administration to abandon an emissions rule EPA issued earlier this year specific to the freight sector.
TSMC Hits $1 Trillion in Market Value on Relentless AI Rally
Taiwan Semiconductor Manufacturing Co. briefly surpassed $1 trillion in market capitalization after Morgan Stanley joined a list of brokers boosting price targets on the chipmaker.
May Used Truck Sales Rise 18% From 2023
Used Class 8 truck sales in May increased 18.1% compared with the same period the prior year, ACT Research reported, rising to 22,800 units from 19,300.
Devon to Buy Williston Basin Oil Assets in $5 Billion Deal
Devon Energy Corp. agreed to acquire the Williston Basin business of Grayson Mill Energy for $5 billion as consolidation continues in the U.S. oil patch.
Maersk Warns of Shipping Delays Due to Extreme Weather
A.P. Moller-Maersk A/S warned extreme weather conditions and a storm surge lashing the South African coast are expected to cause shipping delays.
From the Kitchen To the Pump
Chevron is working with customers and suppliers to create a circular economy to produce biodiesel. Learn how used cooking oil, which may have ended up in a landfill, becomes biodiesel. Discover the powerful collaboration driving this economic model.
Sweet 15: XPO’s Sweeney Bound for NTDC Again
WINDSOR LOCKS, Conn. — XPO tank truck driver Richard Sweeney reigned over a deep field to win the Massachusetts trucking championships in early June and advance to his 15th NTDC.