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Fed Official Warns U.S. Oil Won’t Fill Global Supply Gap

Fed Official Warns U.S. Oil Won’t Fill Global Supply Gap Federal Reserve Bank of Dallas President Lorie Logan said if the Strait of Hormuz doesn’t reopen soon, consumption will need to fall.

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Canada to Supply LNG to Germany

Canada to Supply LNG to Germany Canadian Prime Minister Mark Carney has set a goal to double non-U.S. trade in a decade.

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Oil Prices Decline as Financial Markets Rise

Oil Prices Decline as Financial Markets Rise The price for a barrel of Brent crude, the international standard, fell $3 to $93.89 a barrel.

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ATA Prepares for 89th National Truck Driving Championships

ATA Prepares for 89th National Truck Driving Championships The qualifying season is underway for ATA’s National Truck Driving Championships, with hundreds of commercial drivers competing in state tournaments.

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Russian Diesel, Jet Fuel Export Limits Would Add Price Pressure

Russian Diesel, Jet Fuel Export Limits Would Add Price Pressure Russia is considering limiting exports of diesel and jet fuel, Interfax said, as refinery run rates fall to multiyear lows amid Ukraine’s escalating attacks.

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Mexico Export Gains Face Trump Tariff, Supply Chain Risks

Mexico Export Gains Face Trump Tariff, Supply Chain Risks U.S. tariffs pushed by President Donald Trump and supply chain disruptions are eroding Mexico’s gains as a manufacturing hub.

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Volvo Wins U.S. Clearance Over China-Tied Vehicle Ban

Volvo Wins U.S. Clearance Over China-Tied Vehicle Ban The Trump administration reached an agreement with Volvo Car that will allow the automaker to avoid a U.S. ban on connected vehicles tied to China.

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Highway Legislation Awaits House Consideration

Highway Legislation Awaits House Consideration When the House returns from Memorial Day recess, lawmakers are expected to take up a highway policy bill that would amplify federal funding for truck parking.

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Hendrickson Introduces High-Efficiency Electric Drive Axle

Hendrickson Introduces High-Efficiency Electric Drive Axle Electraax features a fully integrated electric powertrain that combines a lightweight axle, single-speed gearbox, motor and inverter into one modular design.

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U.S. Companies Stay Quiet on Tariff Refunds

U.S. Companies Stay Quiet on Tariff Refunds The scramble for $166 billion in refunds comes with political and legal risks. Trump says it’s foreign firms that pay his import taxes and he’s painting refund backers as unpatriotic

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