U.S. refiners are increasing diesel production to near-record levels, with an average of 5.3 million barrels of distillate fuel oil produced every day in July, according to the U.S. Department of Energy. This pace is expected to result in the…
Tesla reported second-quarter revenue of $28.2 billion, beating market forecasts, but adjusted earnings of just 33 cents per share missed Wall Street’s 51-cent average estimate. The electric-vehicle giant also posted its first negative free cash flow in more than two…
Mercedes-Benz and ChargePoint are introducing an integrated charging infrastructure solution for companies and fleets of all sizes. The offer includes the entire process from needs analysis to installation and ongoing operation of the charging infrastructure. This solution complements existing offers…
The BMW Group, Toyota Motor Europe, Bosch, and Repsol have launched a six-month pilot project in Spain to demonstrate the real-world potential of vehicles running exclusively on 100% renewable gasoline. The pilot will deploy a fleet of around 20 Toyota…
Mack Trucks is rolling out Lock & Leave, a new feature that lets drivers initiate over-the-air (OTA) software updates and then leave the truck unattended while the update completes. Scheduled for launch in fall 2026 pending final validation, Lock &…
Daimler Truck North America (DTNA) CEO John O’Leary is confident that truck demand will accelerate in the second half of 2026, citing rising fleet replacement needs. The company has seen an 8% year-over-year sales gain in Q2 and a 41.6%…
Global fuel markets have tightened to record levels as renewed Middle East conflict and tanker attacks in the Strait of Hormuz raise supply concerns, threatening to push gasoline and diesel prices higher at the pump. The escalation follows the collapse…
U.S. President Donald Trump on July 14, 2026 abandoned plans to impose a 20% cargo fee on ships transiting the Strait of Hormuz, instead announcing that Gulf states would make “massive” trade and investment deals in the United States. The…
Ride-hailing giant Uber Technologies Inc. is in advanced negotiations to acquire German food-delivery platform Delivery Hero SE, according to people familiar with the matter. The deal could be finalized as early as this week, potentially valuing Delivery Hero above its…
Less-than-truckload (LTL) carriers are poised for further growth as truckload capacity tightens, driving up demand and shipment weights in the second quarter of 2026. Executives report sequential improvements in demand and rising revenue per shipment, with LTL pricing climbing near…