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President Donald Trump said he would likely impose tariffs on automobile, semiconductor and pharmaceutical imports of around 25%, with an announcement coming as soon as April 2.

The national average diesel price crept up 1.2 cents to $3.677 a gallon, according to U.S. Energy Information Administration data Feb. 18.

A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.

The EPA has taken a first step aimed at rescinding the Biden administration’s waivers granted for California’s Advanced Clean Trucks and Omnibus low nitrogen oxides rules.

Ford Motor Co. is eliminating stock award bonuses for about half of its middle managers in an effort to boost performance as the automaker confronts declining profit and high costs.

Brokers make a distinction between co-brokering, done legitimately as a necessity in a fast-paced business environment, and double-brokering, often done by fraudsters.

Herc Rentals is set to merge with fellow construction equipment supplier H&E Equipment Services after outbidding the largest player in the field, United Rentals, the company said Feb. 18.

Fuel card skimming has become an increasing threat to the financial security of truck fleets, but industry leaders have been making progress addressing the issue over the past year.

Toyota has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors backed out of the project.

Brazil’s government on Feb. 18 approved joining OPEC+, signaling the country’s evolution into a major oil state just nine months ahead of hosting the United Nations’ annual climate summit.