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Shale oil companies are using almost all of the fracking equipment and crews available as exploration expands, accelerating cost inflation and pointing to worsening supply chain disruptions across the industry.

Demand for oil is nearing pre-COVID levels and producers globally are investing too little in supply, Saudi Aramco said.

LANSING, Mich. — General Motors is poised to announce the week of Jan. 24 major electric vehicle investments in Michigan, with plans to spend $6.5 billion and create up to 4,000 new jobs at two plants.

Fees for Unified Carrier Registration Plan and Agreement participants in 2023 will be reduced by 27% compared with 2022 fees, the Federal Motor Carrier Safety Administration said in a Jan. 21 announcement.

Affinity Truck Center achieved certified electric vehicle dealer status at its Fresno, Calif., dealership from both Mack Trucks and Volvo Trucks North America, each a brand of Volvo Group.

Shell Plc has dropped “Royal Dutch” from its name, part of a major overhaul of its legal and tax structure announced in December.

CSX Corp. announced fourth-quarter and year-end earnings that beat Wall Street analysts’ expectations after the markets closed Jan. 20.

Christenson Transportation Inc. has acquired Sharp Transport Inc., headquartered in Ethridge, Tenn. Terms were not disclosed. The company will operate under the name Sharp Transport, a division of Christenson.

The Port of Los Angeles moved record cargo volumes last year amid an import surge at the biggest U.S. container gateway and supply chain snarls brought on by the pandemic.