Baker Hughes said it plans to double its data center equipment order target to $3 billion from 2025 to 2027 amid rising AI power demand. CEO Lorenzo Simonelli said power consumption could double by ...

Ford Motor Co. canceled a 9.6 trillion won ($6.5 billion) battery agreement with LG Energy Solution Ltd. after the U.S. automaker rolled back its electric vehicle ambitions. Ford notified LG of the ...

Bankrupt auto parts maker First Brands Group agreed to sell some of its most-recognizable brands for $25 million after losing rescue funding and major customers. PGI Northstar will also take on ...

North American Class 8 truck orders jumped 156% year over year to 46,200 units in February, surprising analysts and marking the strongest February on record. Analysts and OEM executives say ...

An oil refinery fire near the Texas coast was put out March 24 and a shelter-in-place order was lifted, hours after a large explosion at the complex shot plumes of smoke into the air, officials said.

Truck manufacturers are set to raise the prices of new Class 8 tractors as early as May as a result of tariffs on U.S. imports, with further hikes likely on the way. Volvo Trucks North America and ...

Estes Express Lines bought six additional terminals across six states as part of a network expansion described by President and COO Webb Estes. The purchases reflect the carrier’s push to scale its ...

Treasury Secretary Scott Bessent said a U.S. insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world’s oil and ...

ATA’s truck tonnage index rose 2.6% sequentially and 2.1% year over year, marking its highest level in three years. Industrial and construction-related freight tied to data center development is ...

White House officials are denying reports that the administration is examining what a potential spike in oil prices as high as $200 a barrel would mean for the economy. But people familiar with the ...

California formally defended its handling of non-domiciled commercial driver licenses as compliant with federal law in an Oct. 26 letter to the Federal Motor Carrier Safety Administration. The FMCSA ...

The Trump administration is “moving at warp speed” to get out biofuels blending standards, with an announcement coming “sooner rather than later,” according to U.S. Agriculture Secretary Brooke ...