14 Aug Jacobs to Supply Engine Brake to Hino in China Jacobs Vehicle Systems announced it will supply its compression release engine brake in China to Hino Motors Co. for its new 10.5-liter U11C diesel engine. Read more...
14 Aug US Seizes Four Iranian Tankers Carrying Fuel to Venezuela The U.S. seized four tankers carrying Iranian gasoline bound for Venezuela in an unprecedented move by the Trump administration that carries the potential to destabilize global oil shipments if Iran retaliates. Read more...
14 Aug Daimler to Pay $2.2 Billion to Settle US Diesel Issues Daimler AG will pay about $2.2 billion to settle U.S. diesel-emissions issues in the latest fallout from years of closer regulatory scrutiny on vehicle pollution. Read more...
14 Aug Oil Set to Eke Out Weekly Gain With Virus Fears Capping Prices Oil is poised to post a second straight weekly gain, buoyed by an improving global economic picture and rising U.S. gasoline demand. Read more...
14 Aug ExxonMobil to Distribute Renewable Diesel ExxonMobil announced an agreement with Global Clean Energy Holdings to purchase 2.5 million barrels of renewable diesel per year for five years. Read more...
14 Aug Stoughton Marks Trailer Milestone With UPS Stoughton Trailers announced it has built its 50,000th dry van trailer for UPS Inc. Read more...
14 Aug Portion of Anheuser-Busch Fleet to Use Renewable Natural Gas Anheuser-Busch is transitioning more than 180 Class 8 trucks, representing 30% of its dedicated fleet, to renewable natural gas. Read more...
14 Aug US Industrial Production Up 3%; Factory Output Rises 3.4% American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck. Read more...
14 Aug Port of Los Angeles Chief Says China to Miss Agriculture Target The head of the U.S.’ busiest port said China is on track to buy less than one-third of the American agricultural products it promised to purchase in 2020, the first year of a trade pact between the world’s biggest economies. Read more...
14 Aug Senate Passes Pipelines Policy Bill The Senate this month passed a bipartisan bill that would reauthorize the agency overseeing pipeline safety across the country. Read more...