Exxon Mobil said lower oil prices reduced fourth-quarter results by $800 million to $1.2 billion, one of the first signs that Big Oil is facing a tough earnings season. 

First Brands warned it will run out of cash without an immediate financing injection, a shortfall that could force the bankrupt auto parts maker to shut down some businesses and sell other operations.

American Truck Dealers President Jacqueline Gelb during her first year on the job saw her members score major regulatory wins, and she’s eyeing another Capitol Hill victory in the year ahead.

But there are still several policy areas either with loose ends from 2025 or with unchecked boxes on the administration's to-do list. The pending issues span trade, safety, technology and more.

The delay from Jan. 14 comes after Ford made objections to the hearing's subject matter, invite list and scheduling.  It was set to take place on the industry and press day of the Detroit Auto Show.

U.S. European Command announced the seizure of the Bella 1. Secretary of Homeland Security Kristi Noem revealed that U.S. forces also took control of the tanker Sophia in the Caribbean.

The U.S. Postal Service is cutting ties with drivers who hold non-domiciled commercial driver licenses and have not been subjected to careful internal vetting, the agency said.

Valero plans to begin shutting some of the Benicia refinery operating units in February before fully winding it down by the end of April.

The proposal adds to the growing scrutiny of electric vehicle doors following a series of incidents in which people were severely injured or died when they were unable to escape.

The decision is a blow to the ambitions of Steel Dynamics as it seeks to benefit from steep tariffs imposed by the Trump administration to shield U.S. producers.

The White House is organizing a meeting Jan. 9 with U.S. oil company executives to discuss Venezuela. Representatives of Exxon, Chevron and ConocoPhillips are expected to attend.

Ryder System acquired Georgia mobile truck and trailer maintenance specialist Truck Service Depot on Jan. 6 for an undisclosed sum, the company said.

Self-driving car systems company Mobileye Global is acquiring Israeli startup Mentee Robotics in a cash-and-stock deal valued at $900 million, as it looks to develop humanoid robots.

U.S. transportation stocks closed at a record level Jan. 6, capping off a rebound fueled by prospects of strong economic growth this year. 

"Only a small handful of members of Congress hold a CDL, and Congressman LaMalfa spoke with pride about being a part of this elite group,” ATA President Chris Spear said.

A small fleet of ships booked by Chevron is sailing to Venezuela as the company emerges as the only exporter of the country’s oil following the ouster of President Nicolas Maduro by U.S. forces.

The FY25 annual grants are allocated through a competitive process for states. In this round, $71.6 million was dedicated to “High Priority” grants for CMVs and innovative technology deployment.

Ford selected Precision Vehicle Solutions to manage finished vehicle logistics at its Kentucky Truck Plant and Louisville Assembly Plant, one of Ford's highest-volume outbound networks.

LaMalfa was a senior member of the Transportation and Infrastructure Committee, and he sought to repeal the 12% federal excise tax on certain commercial vehicles.

EIA expects the spot Brent crude price to average $55 per barrel in 2026, down from $69 in 2025 and $81 in 2024. Brent is the global benchmark for crude prices.