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BusinessFuel

Phillips 66 to Cut Nearly 300 Jobs as L.A. Refinery Closes

The fuel-making plant has been slated to close since 2024 and the facility, once capable of processing 139,000 barrels of oil a day, refined its final barrel of crude in late 2025.

February 5, 2026
GovernmentBusinessTechnologySafety

FMCSA Warns Carriers of Aggressive Phishing Scheme

FMCSA said motor carriers are being targeted by an aggressive new phishing operation 鈥渢o steal sensitive information or demand illegal payments鈥 while pretending to represent officials.

February 5, 2026
BusinessEquipmentLogisticsFor-Hire

R&R Becomes Latest Trucking Company to Fall

In January, Pittsburgh-based R&R Family of Cos. shut down, according to a source. According to the source and court documents, R&R lost the backing of its largest lender.

February 5, 2026
BusinessFuel

Shell鈥檚 Profit Falls on Lower Crude Prices, Chemicals Drag

Shell took on more debt, while maintaining its quarterly share buyback of $3.5 billion and raising its dividend even as volatile oil prices pressure its plan to boost investor returns.

February 5, 2026
GovernmentBusinessLogisticsFor-HireGlobal Freight

Companies Announce Most Job Cuts for Any January Since 2009

The report on Feb. 5 also showed hiring intentions slid 13% from a year earlier to 5,306 鈥 marking the weakest total for any January in the firm鈥檚 records back to 2009.

February 5, 2026
BusinessLogisticsGlobal Freight

Maersk to Cut 1,000 Jobs, Reports Drop in Earnings

Maersk plans to cut 1,000 jobs and focus on cost discipline this year as the container giant seeks to insulate its earnings against deteriorating freight rates with Red Sea routes reopening.聽

February 5, 2026
BusinessTechnologyEquipmentSafety

Freightliner to Offer Free ELD, Load Booking in Cascadias

Daimler Truck North America follows Volvo Truck North America and Mack Trucks in partnering with Class8 to offer carriers technology typically provided by third parties.

February 5, 2026
GovernmentBusinessTechnologySafety

Lawsuit Claims Tesla Doors Failed in Deadly Crash

A lawsuit in Massachusetts says Tesla鈥檚 electric doors trapped a driver in a burning Model Y after a crash and led to his death, raising new safety concerns for the automaker.

February 5, 2026
GovernmentBusinessFuel

Volkswagen, Stellantis Call on EU to Protect Auto Industry

Two of Europe鈥檚 biggest auto manufacturers, Volkswagen AG and Stellantis NV, are pressuring the European Union to better protect the bloc鈥檚 troubled auto industry.

February 4, 2026
GovernmentBusinessEquipmentSafety

Duffy Closes 7,500 CDL Schools in 鈥榃ild West鈥 Crackdown

Transportation Secretary Sean Duffy has closed 7,500 commercial driver training schools in a first year of enforcing federal laws governing trucking to increase road safety.

February 4, 2026

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