Indonesia will ease solar power rules to unlock green investment
Indonesia will temporarily relax rules that have slowed development of solar energy in the coal-dependent country, lifting one of the many regulatory and legal roadblocks…
Old Dominion Freight Line bids $1.5 billion for Yellow terminals
Trucking company Old Dominion Freight Line Inc. has offered $1.5 billion to acquire Yellow Corp.’s portfolio of terminals out of bankruptcy, more than a previous…
Milepost Insurance joins the Truckstop Partner Marketplace to help owner-operators simplify the insurance quoting process
The partnership is part of the mission of Milepost, a Berkshire Hathaway company, to ease the insurance process for owner-operators
Nikola falls on warning of risk to 2023 EV delivery guidance
Nikola Corp. fell in early trading after the maker of electric big rigs warned it may not reach its full-year delivery target as it grapples…
Russian fuel exports drop as some products breach price cap
Russia’s oil-product exports have fallen this month as local refining activity eased, at a time when some fuels exceeded Group of Seven price caps to…
Russia’s flagship oil above $60 does little to halt G-7 services
The price of Russia’s flagship oil may have jumped above a Group of Seven imposed cap but that has done little to impede the provision…
Mexico’s AMLO denies GMO corn ban violates trade pact with US
A decree by the Mexican government that prohibits imports of genetically modified corn for uses other than in livestock feed does not violate the country’s…
India puts 40% tax on onion export as inflation war intensifies
India imposed a 40% levy on the export of onions as Prime Minister Narendra Modi escalates efforts to bridle inflation ahead of key elections.
Kuwait Airways cuts losses by half in 2022, chairman says
Kuwait Airways, the state-owned carrier which hasn’t made a profit in more than 30 years, reduced its losses by about half last year, Chairman Ali…
Diesel is pricing a scarcity with winter market looming large
At any other time in history, the current state of the global diesel market would have sent some countries into a panic.
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