General News
Rivian to Build $120 Million Supplier Park in Illinois
The 1.2 million-square-foot park in Normal will allow the electric-vehicle maker to increase production at its plant in 2026, when it starts building its R2 model, said CEO RJ Scaringe.
Beef Losses Deepen as Tyson Battles Cattle Crunch
The company's shares slumped the most since 2023 as investors shrugged off stronger-than-expected quarterly earnings to focus on deepening losses at its beef business.
Crossword Puzzle Solution for May 5, 2025
Here's the solution to the crossword puzzle found in the May 5, 2025 print edition.
ATRI: Repeal of Truck Excise Tax Would Cut Costs
A repeal of the 12% federal truck excise tax for new trucks would not only cut costs for truckers, it could benefit the environment and safety, according to new research by the American Transportation Research Institute.
Shell Studies Acquisition of BP, Reports Say
Bloomberg reported that Shell is working with advisers to evaluate a potential acquisition of BP, its U.K. rival.
Ram Brings Back Cheaper US-Made Pickup to Fuel Recovery
Stellantis is bringing a cheaper version of its Michigan-made Ram pickup truck to the U.S. market in a bid to bolster sales and minimize its tariff bill.
Tiny Logistics Firm’s Shares Surge on Plan to Buy Trump Coin
Freight Technologies of Houston announced it will hold President Donald Trump’s memecoin as a treasury asset, fueling its blistering stock rally.
OPEC+ Throws ‘Bombshell to the Oil Market’
OPEC+ agreed to surge output again in June, as the group’s leaders continue an accelerated revival of supply aimed at punishing over-producing members that has sent crude prices plunging.
Congestion Pricing Fight With DOT at Impasse, New York Says
New York is poised to seek an immediate court order in its lawsuit to protect its congestion pricing program from the Trump administration's push to shut it down.
Windrose Prepares for July Launch of US Truck Assembly
Windrose expects to begin assembly of its R700 Class 8 battery-electric tractors in Huntington Beach, Calif., by July 4, the truck manufacturer’s CEO said.
US Won’t Move Forward With Billions in Biden-Era Energy Loans
Energy Secretary Chris Wright said DOE doesn’t plan to move forward with billions of dollars worth of Biden-era loans as the Trump administration reviews DOE's $400 billion green bank.
New $270M JFK Airport Cargo Center to Lower Truck Congestion
The Port Authority of New York and New Jersey opened a $270 million consolidated cargo handling center at JFK airport to lessen truck congestion and boost high-value cargo handling.
Scaling Clean Transportation Requires a Multi-Fuel Approach
Speakers agreed that biodiesel, renewable diesel, renewable natural gas, hydrogen and battery-electric are all important to reducing emissions.
Symbio to Build Hydrogen Fuel Cell Drayage Trucks for Savage
Savage will team up with hydrogen fuel cell manufacturer Symbio North America as part of efforts to decarbonize the infrastructure and logistics company’s drayage fleet.
Manufacturers Strive to Strengthen Hydrogen Fuel Cell Tech
Hydrogen fuel cells are emerging as a viable alternative to diesel in many use cases, including longhaul applications that need more range than battery-electric vehicles offer.
China Says It’s Evaluating US Overtures for Trade Talks
China’s Commerce Ministry said May 2 that Beijing is evaluating multiple approaches by the Trump administration for trade talks, but steep tariffs imposed by Washington must go.
Moving Hydrogen Fuel Forward Means Looking Beyond Its Colors
Hydrogen is often categorized by colors meant to indicate its emissions, but experts said getting too hung up on color could hinder the production and adoption of hydrogen-powered equipment.
GM Cuts Workers at Canada Truck Plant, Citing Trade Turmoil
A General Motors assembly plant in Canada that makes pickup trucks mostly for export to the U.S. will cut down to two shifts from three because of the “evolving trade environment.”
Small-Package Tariff Exemption Ends Today
Small-value packages shipped to the U.S. from China will no longer be exempted from tariffs starting May 2, when President Donald Trump’s move against the de minimis exemption takes effect.
Chevron Cuts Buybacks and Exxon Sits Tight as Oil Plunges
Chevron and Exxon report earnings after oil prices tumble, indicating that President Donald Trump’s trade war is hurting a key U.S. industry he pledged to help.