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Sunoco to Buy NuStar Energy for $7.3 Billion

Sunoco LP, a U.S. gas station owner, agreed to acquire pipeline and fuel storage company NuStar Energy LP for about $7.3 billion in a move to buy up more of a key part of its supply chain.

January 22, 2024

Cummins, Daimler, Paccar Pick Site for Battery Plant Venture

Accelera by Cummins, Daimler Trucks & Buses US Holding and Paccar Inc. on Jan. 18 selected Marshall County, Miss., as the manufacturing site for their planned battery cell joint venture.

January 19, 2024

SuperTruck II Innovations Could Help With Emissions Targets

LAS VEGAS — Aerodynamic innovations developed for the Peterbilt SuperTruck II could enter service sooner rather than later to help comply with forthcoming emissions regulations.

January 18, 2024

Nikola Advances Hydrogen Refueling Infrastructure Buildout

Nikola Corp. has taken steps forward in building refueling infrastructure for its Class 8 Tre hydrogen fuel cell electric tractors.

January 18, 2024

Port of Long Beach CEO Cordero Details Upcoming Projects

Port of Long Beach officials were upbeat about prospects for the facility even as its 2023 performance was down 12.2% year-over-year.

January 18, 2024

Deep Freeze Forces US LNG Exporters to Cancel, Delay Cargoes

The recent freeze across Texas and Louisiana disrupted scheduled exports of U.S. liquefied natural gas, temporarily tightening some supply of the heating and power-plant fuel.

January 18, 2024

States Waive HOS for Fuel Deliveries Amid Severe Weather

Governors from several states have issued emergency proclamations waiving federal hours-of-service requirements for truckers carrying fuel, to prevent shortages in extreme weather.

January 18, 2024

Haslam Family Sells Last 20% of Pilot to Berkshire Hathaway

Warren Buffett’s Berkshire Hathaway has officially bought the last 20% of Pilot Travel Centers that it didn’t already own from the Haslam family.

January 17, 2024

BP Names Murray Auchincloss Permanent CEO

LONDON — British oil giant BP said Jan. 17 its interim chief executive, Murray Auchincloss, will be given the job on a permanent basis to replace Bernard Looney.

January 17, 2024

Shipping CEOs See No Short-Term End to Red Sea Disruptions

The CEOs of two leading freight carriers said they expect Red Sea threats to disrupt shipping for weeks or months longer.

January 17, 2024