Business

Speaking at the FTR Transportation Conference 2024 in Indianapolis, Dan Moyer said he would have expected build levels to decline, but that has not happened.

Brookfield Asset Management is investing up to $1.1 billion in the low-carbon e-fuels startup Infinium.

North American Class 8 truck orders continued to trend below the year-ago period in August, according to ACT Research. Preliminary data showed orders fell 16% to 16,400 units, but were up from July. 

Construction is scheduled to begin in the fall of 2026 to update the Coburn Gore land port of entry.

U.S. oil demand growth is forecast to plateau this year, in the latest bearish indicator for the market, according to the Energy Information Administration.

Volkswagen is ending job protections for auto workers in Germany as part of its cost-cutting push, setting up a showdown with unions.

UPS is acquiring a German firm that specializes in temperature-sensitive shipping to expand its health care logistics capabilities in Europe, the company announced Sept. 10.

UPS Inc. is laying off more of its employees, after earlier this year announcing it was cutting 12,000 jobs in its management ranks.

Very few people who live near the East Palestine, Ohio, train derailment opted out of a $600 million class action settlement.

The world’s top commodity merchants are grappling with a tougher environment for trading oil as seismic market events of the past few years start to lose their impact.