Gasoline Rises to Five-Month High on US Gulf Hurricane Threat
Crude and gasoline futures both climbed to levels not seen since before the pandemic as Hurricane Laura rattled toward a key stretch of the U.S. Gulf Coast that is home to the nation’s greatest concentration of refining capacity.
August 25, 2020Trimble Aims to Streamline Supply-Chain Collaboration
Trimble Transportation has set out to create a more seamless and transparent supply chain by enabling closer collaboration among carriers, shippers and third-party logistics providers.
August 25, 202011 More Indicted in Staged Accidents With Trucks in New Orleans
A federal grand jury in New Orleans has returned a second round of indictments in an ongoing investigation of individuals staging automobile accidents with tractor-trailers, charging 11 people on seven fraud counts in connection with two incidents from 2017.
August 25, 2020US Consumer Confidence Slumps to Six-Year Low on Job Views
U.S. consumer confidence dropped in August to the lowest since 2014 as consumers soured on employment and business conditions, indicating Americans are becoming despondent amid persistently high joblessness.
August 25, 2020Mercedes-Benz to Discontinue Freightliner Sprinter Van
Mercedes-Benz AG announced the Freightliner Sprinter van will be discontinued and all retail sales completed by Dec. 31, 2021.
August 25, 2020Hurricane Laura Set to Slam US Energy Coast
Hurricane Laura is poised to strengthen rapidly and come ashore along the Texas-Louisiana coast as a tree-snapping Category 3 storm, forcing residents to flee their homes despite the threat of COVID-19.
August 25, 2020Nikola’s Trevor Milton Beseeches Investors to Use Warrants or Lose Them
Electric-vehicle startup Nikola Corp. is urging stragglers to exercise their right to buy shares, the deadline for which has been extended until 5 p.m. Aug. 25.
August 24, 2020Diesel Price’s Virtual Holding Pattern Continues
For the second week in a row, the price of diesel remained essentially flat compared with the prior week, dipping just one-tenth of a cent to $2.426 a gallon, the Energy Information Administration reported Aug. 24.
August 24, 2020DeJoy Says Trump Attacks on Mail-in Ballots ‘Not Helpful’
WASHINGTON — Postmaster General Louis DeJoy told lawmakers Aug. 24 that he has warned allies of President Donald Trump that the president’s repeated attacks on mail-in ballots are “not helpful,” but denied that recent changes at the Postal Service are linked to the November elections.
August 24, 2020Hendrickson Acquires Two Stemco Business Segments
Hendrickson announced it acquired the Motor Wheel brake drum and Crewson slack adjuster business segments from Stemco, which in June reported it is refocusing resources on its core wheel-end and king pin product lines.
August 24, 2020