U.S. Crude Oil Inventories Drop by Most on Record

U.S. Crude Oil Inventories Drop by Most on Record The decline of 17.8 million barrels brings crude inventories to the lowest levels in nearly a year, according to data from EIA.
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Stellantis to Develop Cars With Jaguar Land Rover for U.S.

Stellantis to Develop Cars With Jaguar Land Rover for U.S. CEO Antonio Filosa has flagged that partnerships will be a key pillar of the company’s strategy going forward.
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Oregon Voters Reject Gas Tax Increase as Prices Soar

Oregon Voters Reject Gas Tax Increase as Prices Soar Democrats had raised the state gas tax by 6 cents a gallon. Republicans responded by launching a referendum campaign to refer the tax and fee increases to voters.
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Lowe’s Reports Modest Sales Gain, Affirms Full-Year Forecast

Lowe’s Reports Modest Sales Gain, Affirms Full-Year Forecast Lowe’s kept its full-year outlook unchanged in the face of higher transportation costs and a muted housing environment.
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UN Lowers Forecast for Global Economic Growth in 2026

UN Lowers Forecast for Global Economic Growth in 2026 U.N. economists said global GDP growth is now forecast at 2.5% for 2026, down from 2.7% in January, and it could fall to only 2.1% “in a more adverse scenario.”
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Target Posts Strongest Sales Growth in 4 Years

Target Posts Strongest Sales Growth in 4 Years New CEO Michael Fiddelke said he remained guardedly optimistic given where the company is in its operational overhaul.
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DOJ Accuses Chinese Container Makers of Pandemic Price Scheme

DOJ Accuses Chinese Container Makers of Pandemic Price Scheme The DOJ said it filed criminal charges against four large makers of shipping containers for allegedly colluding to raise prices during the pandemic.
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Medium-Duty Truck Sales Fall 18.5% in April

Medium-Duty Truck Sales Fall 18.5% in April Omdia Automotive found that Classes 4-7 retail truck sales decreased 18.5% to 15,293 from 18,754 units reported during the prior-year period.
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FedEx Reports Strong Third Quarter Results
FedEx Reports Strong Third Quarter Results Raises Full-year Fiscal 2026 Earnings Outlook On Track to Spin Off FedEx Freight on June 1, 2026
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DO NOT Sell, Purchase, or Lease a USDOT or MC Number

DO NOT Sell, Purchase, or Lease a USDOT or MC Number DO NOT Sell, Purchase, or Lease a USDOT Number or Operating Authority (MC Number) online or elsewhere from an unknown person or outside of a legitimate corporate transaction Upon discovery of attempts to sell, purchase, or lease a USDOT Number or Operating Authority outside of a legitimate corporate transaction, FMCSA will initiate proceedings to inactivate the USDOT Number and revoke all related registrations, including safety registration required under 49 U.S.C. 31134 and any operating authority registration required under 49 U.S.C. 13901-13905.
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