The national average diesel price continued to go lower, dropping 4.5 cents to reach $3.947 a gallon, according to Energy Information Administration data released April 29.
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Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
Finnish Fuel Maker Neste Starts CEO Search as Lehmus to Exit
Neste Oyj, a Finnish maker of renewable diesel, will begin a search for a new CEO, as Matti Lehmus stepped down after just two years in the role.
April 29, 2024Tesla Stock Leaps on Reports of Chinese Approval of FSD
NEW YORK — Shares of Tesla stock rallied April 29 after CEO Elon Musk paid a surprise visit to Beijing over the weekend and reportedly won tentative approval for its driving software.
April 29, 2024Peterbilt Introduces Additional Mirrors for 579, 567 Models
Peterbilt is set to offer digital vision system-mirrors for its Models 579 and 567, and the truck maker expects to improve truck drivers’ visibility options and safety, it said.
April 29, 2024Kansas Gains $76.5 Million Window, Door Maker Logistics Hub
The Marvin Cos. plans to build a $76.5 million window and door manufacturing facility in Kansas City, Kan., that will boast 600 employees, including truck drivers, within four years.
April 29, 2024Aim Transportation Expands Into West Virginia, Indiana
Aim Transportation Solutions expanded its operations to meet the needs of customers in West Virginia and Indiana, the company announced April 26.
April 29, 2024Senior House T&I Democrat Donald Payne Dies
New Jersey Rep. Donald M. Payne Jr., the top Democrat on the U.S. House subcommittee on railroad policy, died April 24. He was 65.
April 29, 2024DHL Expands Retail Presence in D.C. Area
DHL expanded its network of retail locations by introducing a store in Fairfax, Va., the company announced April 23.
April 29, 2024Traton Profits Rise on Higher Prices, 'Favorable' Markets
Profits for global truck manufacturer Traton rose in the first quarter on momentum from favorable market conditions and higher prices, including for the International Trucks brand.
April 29, 2024Oil Producers Flush With Cash Cut Reliance on Funding Markets
Last year, the demand for loans from fossil fuel companies fell 6% year-on-year and that followed a decline of 1% in 2022.
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