15 Apr Diesel Average Price Spurts 2.5¢ to $3.118 The U.S. average retail price of diesel climbed 2.5 cents to $3.118 a gallon, as crude oil dropped below $64 a barrel, the Department of Energy reported April 15. Read more...
15 Apr As Trade War Simmers, US Soybean Shipments Hit One-Year Low Shipments of American soybeans are at the lowest level since before the U.S.-China trade war in what could be a worrying sign for growers hoping for the Asian giant to accelerate purchases ahead of a trade deal. Read more...
15 Apr IG Report Recommends Better Office Space Utilization at DOT There is room for improvement in how officials across the U.S. Department of Transportation manage their office space, the department’s inspector general determined in a recent report. Read more...
15 Apr Class 8 Sales Surpass 22,000 in March U.S. Class 8 retail sales in March climbed above 22,000 for the first time this year, WardsAuto.com reported. All truck makers but one notched gains. Read more...
15 Apr Opinion: To Compete, Shippers Must Invest in Smart Technologies To compete in the package delivery business, shippers must provide the best customer experience possible by investing in smart technologies and selecting the right delivery model, says Trevor Outman of Shipware. Read more...
15 Apr Tesla’s Elon Musk Blames Panasonic Battery Lines for Low Model 3 Output Tesla Inc. CEO Elon Musk said Panasonic Corp. cell lines at the electric-car maker’s Nevada battery factory have been holding up production of its Model 3 sedans. Read more...
15 Apr Chevron Megadeal Highlights Revival of American Energy For all the ink spilled over climate change and the global energy transition, the world’s biggest energy companies are focusing on where it all began: American oil. Read more...
15 Apr Elon Musk Tweets Another Tesla Forecast in Midst of SEC Talks Elon Musk, already in hot water over his Twitter use, posted another Tesla Inc. production forecast reminiscent of the one that landed him before a federal judge earlier this month. Read more...
15 Apr Farmers Fear China Trade Deal Will Fail to Erase Retaliatory Tariffs Some U.S. farm groups fear that President Donald Trump’s terms for easing his trade war with China risk leaving large swaths of American agriculture worse off than before the conflict began. Read more...
15 Apr Treasury Secretary Steven Mnuchin Says US Open to Facing Penalties in China Trade Deal The United States is open to facing “repercussions” if it doesn’t live up to its commitments in a potential trade deal with China, Treasury Secretary Steven Mnuchin said, in a sign that the two sides are edging closer to an accord. Read more...