General News
Oil Prices Climb Over Disruptions Around Strait of Hormuz
Brent crude, the international standard, 0.5% to $103.05 a barrel. Benchmark U.S. crude rose 0.4% to $96.68 per barrel after erasing an earlier modest dip.
North Carolina Sues VinFast Over Delayed, Downsized Factory
The state was exercising its contractual right to acquire the property to protect taxpayer investments after VinFast failed to meet key obligations, Attorney General Jeff Jackson said.
Chevron, California in Spat Over High Gas Prices
Gov. Gavin Newsom's office is urging drivers not to fill up at Chevron stations over Memorial Day weekend.
Stellantis Targets 60 New Models by 2030
Stellantis announced a major investment push focused on four core brands in a broad reset to boost profitability.
Waymo Halts Atlanta Robotaxi Service Over Flood Risk
Waymo has temporarily halted service in Atlanta over concerns that its robotaxis may attempt to drive on flooded roads, following a similar issue in San Antonio.
April Trailer Orders Defy Seasonal Expectations Again
Preliminary net data from ACT Research showed orders rose 126% year over year to 19,400 units, though the report noted that prior-year trailer orders were weak.
Trump Eases Refrigerant Rule in Bid to Address Grocery Costs
It is not clear how much or how quickly the loosening of the refrigerant rule might impact grocery prices.
Highway Bill Would Expand Access to Truck Parking
The BUILD America 250 Act introduced by House leaders would address trucking industry concerns, including access to truck parking and combating cargo theft.
Freight Tonnage Stays Flat After Strong Start to 2026
The ATA For-Hire Truck Tonnage Index was unchanged from the prior month at 117.8. The index also was 3.5% above where it was during April 2025.
Eagle Vision Launches AI Damage Reporting Tool
Eagle Vision Security is targeting vehicle damage and delayed inspections with an AI-based platform for truck yards, logistics terminals and fleet facilities.
Iran Talks With Oman Over Permanent Toll System for Hormuz
“This will entail costs, and it goes without saying that those who wish to benefit from this traffic must also pay their share,” Iran's Mohammad Amin-Nejad said.
Kroger Plans Big Price Cuts to Take On Walmart, Costco
Kroger is looking to compete more fiercely with Walmart and other companies that have gained ground in recent years at the expense of traditional grocery operators.
FedEx Files Staged-Crash Racketeering Suit
The lawsuit describes an intentional collision-for-profit enterprise that recruited claimants to stage or exaggerate crashes involving FedEx’s commercial vehicles.
Oil Prices Bounce Higher on Iran War Uncertainty
Brent crude, the international standard, gained $1.46 to $106.48 per barrel, while U.S. benchmark crude added $1.53 to $99.79 per barrel.
Walmart Delivers Strong Quarter Fueled by Online Shopping
Walmart was cautious about the rest of the year given the current economic uncertainty.
Class 8 Truck Sales Decline 11.8% as Fleets Delay Purchases
U.S. Class 8 retail sales fell below the prior-year level as buyers continued to wait for a more sustained freight market recovery in April.
Proterra to Offer U.S. Cell Option for Batteries From 2027
Proterra’s Onyx battery platform currently uses cylindrical nickel manganese cobalt lithium-ion cells from LG Energy Solutions, manufactured in South Korea.
FMCSA’s Barrs Highlights Stronger Enforcement at ATA Mid-Year
FMCSA Administrator Derek Barrs emphasized that responsible carriers play a central role in improving safety and identifying those who undermine the system.
Great Dane to Sell Company-Owned Dealerships
Trailer manufacturer Great Dane will sell all 19 company-owned dealership locations, a senior executive confirmed.
PepsiCo to Raise Prices on Small Bags of Chips
In the coming weeks, the soda and snacks maker plans to hike prices by 10 cents to 20 cents on certain single-serve bags that are now retailing for $2.69.