Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this year.
July 7, 2025Search
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Daimler Truck to Open Assembly Plant in Senegal
Daimler Truck plans to have trucks from various Mercedes-Benz series assembled in SenegalÌýto supply special vehicles for defense, disaster relief and municipal tasks.
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July 7, 2025Sales Fall in Q2 for Daimler Truck
Sales fell in the second quarter for German commercial vehicle manufacturer Daimler Truck due to sharply lower sales in the Trucks North America segment.
July 7, 2025What Killing Tax Credits Means for the EV Market
The Trump administration’s plan to scrap federal incentives for EVs will be a major speed bump for battery-powered transportation in the U.S., but not a brick wall, according to forecasts.
July 3, 2025Nikola Bankruptcy Leaves Truck Buyers Scrambling
Some customers have secured the fuel their tractors need. Others parked the trucks as court proceedings play out. All continue to work the phones in search of more amenable solutions.
July 3, 2025OPEC+ Talking About a Fourth 411,000-Barrel Hike in August
OPEC+ is discussing another 411,000 barrel-a-day production increase for August ahead of the group’s videoconference this weekend, according to delegates who asked not to be identified.
July 3, 2025DHL Supply Chain North America Promotes Kunar to CEO
Mark Kunar, previously DHL Supply Chain North America’s chief financial officer and chief strategy officer, replaces Patrick Kelleher. He'll report to Oscar de Bok, DHL Supply Chain CEO.
July 3, 2025Nike Likely to Hike Prices More After Vietnam Tariff Deal
Nike will face pressure to raise prices higher than expected after the U.S. and Vietnam reportedly reached a new trade agreement that boosts tariffs, according to an analyst.
July 3, 2025NMFTA Tackles Cyber-Enabled Cargo Thefts With New Framework
NMFTA has released a framework aimed at helping carriers and brokers fight back against the growing and increasingly sophisticated problem of digitally enabled cargo theft.
July 3, 2025Nissan Recalls 480,000 Vehicles Due to Engine Failure Risk
Nissan is recalling more than 480,000 of its vehicles across the U.S. and Canada due to potential manufacturing defects that could cause engine failure.
July 3, 2025