Valero, Phillips 66 buy Venezuelan oil cargoes as part of Washington’s deal with Caracas
Valero has bought a cargo of Venezuelan crude oil, two sources said on Wednesday, one of the first deals by U.S. Gulf Coast refiners that…
US threatens to starve Iraq of its oil dollars over Iranian influence, sources say
Washington has threatened senior Iraqi politicians with sanctions targeting the Iraqi state - including potentially its critical oil revenues - should armed groups backed by…
Michigan sues oil companies, saying they colluded to restrain EV competition
Michigan Attorney General Dana Nessel on Friday filed an antitrust lawsuit against four major oil companies, asserting they have colluded for decades to forestall competition…
ITS Logistics to be acquired by Echo Global Logistics
ITS will continue operating with its current leadership and customer-facing structure, while leveraging Echo’s technology platform and carrier network...
ITS Logistics Q4 Distribution & Fulfillment Index: The market shifts from storage to speed
Lean inventory strategies accelerate freight flows as middle-mile networks expand without return to COVID-era extremes, and push distribution closer to end markets
Tesla Semi coming to the 2026 Mid-West Truck & Trailer Show
The Tesla Semi, Tesla's fully electric Class 8 truck, will be on prominent display at the 2026 Mid-West Truck & Trailer Show on February 6–7…
US consumer sentiment improves in January
U.S. consumer sentiment improved across the board in January, though concerns about high prices and the labor market lingered, a survey showed on Friday. The…
US stocks open lower as Intel weighs
U.S. stocks opened mostly lower on Friday, putting the main indexes on track for a second consecutive weekly drop, as Intel tumbled on a downbeat…
Intel shares tumble as supply chain snarls hamper turnaround
Intel's shares plunged 14% on Friday after the company struggled to meet strong artificial intelligence-driven demand for data-center chips due to supply
Ukraine’s grid operator says energy situation has ‘significantly’ worsened
Ukraine's energy situation "significantly" worsened on Friday after recent Russian air attacks, triggering emergency power outages in most regions, Kyiv's grid operator said...
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