Trump time: Trucking, construction interests challenge GHG regs

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Brimming U.S. oil storage tanks to feel OPEC cuts last

The energy industry scrutinizes U.S. oil stockpile data every week for evidence that OPEC supply cuts are ending a global crude glut, but growing domestic output means the world's largest oil consumer may be the last place to feel the cuts. Stubbornly high U.S. inventory levels have shaken market confidence that a deal by the Organization of the Petroleum Exporting Countries (OPEC), Russia and other top producers to cut 1.8 million barrels per day (bpd) from supply will end the two-year glut. Brent has given up all the gains made since the supply cuts were agreed late last year.

China April exports, imports rise less than expected

China's exports and imports rose in April but missed analysts' expectations, as domestic and foreign demand faltered and commodity prices fell. China's April exports rose 8.0 percent from a year earlier, missing analysts' expectations, while imports expanded 11.9 percent, official data showed on Monday. Analysts were expecting China's trade surplus to have widened to $35.50 billion in April from March's $23.93 billion.

JD.com says Q1 revenue grew 41 pct, above expectations

JD.com Inc, China's second-largest e-commerce firm, said on Monday its first-quarter revenue grew 41.2 percent from a year earlier, beating analysts' expectations. JD.com's revenue for the three months ...

Save 50 Percent on Starbucks Frappuccinos All Week

Starbucks' Frappuccino Happy Hour discount is back — for more than a week. Starbucks currently offers 24 varieties of this blended beverage, including the new Midnight Mint Mocha Frappuccino. Also among the 24 varieties is the returning favorite S'mores Frappuccino.

Saudi energy minister says may extend oil output cuts beyond 2017

Saudi Arabia's energy minister Khalid Al-Falih said on Monday that oil markets were rebalancing after years of oversupply, but that he still expected an OPEC-led deal to cut output during the first half of the year to be extended to all of 2017. The Organization of the Petroleum Exporting Countries (OPEC), of which Saudi Arabia is the de-facto leader, and other producers including Russia, pledged to cut output by 1.8 million barrels per day (bpd) during the first half of the year to prop up the market.

McLeod Software Hires Kenneth Craig as Vice President

Ken Craig Photo courtesy McLeod Software

Transportation software provider McLeod Software has expanded its senior leadership team, adding Kenneth Craig as vice president of the company.

Craig joins McLeod with experience in the product software industry, the consulting and systems integration business, and in senior leadership as a chief information officer.

“We are excited that a person with Ken's depth of experience and expertise chose to join McLeod Software,” said Tom McLeod, president and CEO of McLeod. “Ken's diverse experience in the global IT business expands the depth of our management team. We have put him to work immediately helping us continue to shape our ongoing strategy and execution. Ken is working on special projects related to our products, the scalability of our systems, and our delivery operations for our largest customers.”

Craig was previously the SAP Practice Director for Dutch systems integrator, Origin. He served as the country president for SAP in Brazil and became the CIO for Phillips Consumer Electronics. He recently served as the vice president of commercial business development and vice president of special projects for software supplier TekSouth Corporation, which manages several large scale global database applications for the U.S. Department of Defense.

McLeod Software is a provider of transportation dispatch, accounting, operations and brokerage management software and document management systems developed for the trucking industry.

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