Category: News

The Department of Energy has given the OK for vessels to use liquefied natural gas as a fuel by withdrawing its past Biden-era order that created a roadblock for a small Florida company.

The Trump administration extended a permit for the Golden Pass liquefied natural gas export project co-owned by QatarEnergy LNG and Exxon Mobil Corp.

Chinese billionaire Li Shufu’s Zhejiang Geely Holding Group  has obtained a syndicated loan to refinance borrowings related to its 2018 acquisition of a stake in Volvo AB.

Saudi Aramco is considering a potential offer for BP’s Castrol lubricant assets, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries.

President Donald Trump is set to announce changes to the tariffs on Canada and Mexico, with potential relief for autos and other sectors, Commerce Secretary Howard Lutnick said March 5.

Global shipping executives gathered this week in Long Beach, Calif., for a major annual conference, then found themselves in crisis mode. 

A stretch of I-40 that serves as a freight route between North Carolina and Tennessee has partially reopened after a monthslong shutdown caused by storm-related damage from Hurricane Helene.

Plans to impose duties on American agriculture imports will boost the price of fruit and vegetables as well as sugar, coffee and meat. Executives have said consumers are pinching pennies.

The world’s supply lines for cargoes of oil and fuel, which typically crisscross the globe, are about to get redrawn thanks to U.S. President Donald Trump’s sweeping tariffs.

American Truck Dealers honored Truckworx Kenworth CEO Will Bruser with its 2025 Truck Dealer of the Year award at its ATD Show 2025 in New Orleans.