News

OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the U.S. shale industry, Iran’s representative to the group said.

KAG gains a variety of assets in the deal, including 39 tractors, 91 trailers, a terminal, a maintenance facility and approximately 3,000 feet of rail for transloading operations

Samsara is teaming up with Northland Insurance to offer the latter’s customers a discount on their premiums or subsidies for investments, the in-cab technology provider said.

A private equity vehicle led by Roadrunner Freight CEO Chris Jamroz bought a majority ownership stake in the less-than-truckload carrier from Elliott Investment Management.

BP Plc anticipates strong growth in the U.S. as President-elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boosts energy demand.

Gov. Newsom's office told Bloomberg News that the current proposal includes market-share limitations that would exclude Tesla’s popular EV models.

Trailer telematics specialist FleetPulse is set to become available for Canadian fleets, the company said Nov. 20.

Schneider National announced Monday it has entered into an agreement to acquire Cowan Systems for $390 million. The deal will significantly expand Schneider’s dedicated unit. Schneider (NYSE: SNDR) also entered separate…

Department store retailer Macy’s, Inc., (NYSE: M) stated on Monday that an employee hid up to $154 million through intentional accounting errors since 2021. In its preliminary third quarter 2024 results, the company reported…

Carriers are always on the hunt for skilled drivers. This effort often leads to recruiting initiatives focused on winning over specific groups of people, including women, young adults and veterans. Veterans, in particular,…