Global shipping through the Strait of Hormuz ground to a near halt on July 9, 2026, after the U.S. launched a second consecutive day of strikes on Iran, shattering a fragile truce and forcing vessels to abandon the critical energy…
The fragile truce between the U.S. and Iran has renewed anxiety over fuel prices, with oil prices rising to their highest point in weeks after President Donald Trump declared the U.S. ceasefire with Iran over. The conflict has led to…
Bridgestone has launched the first commercial deployment of its airless “AirFree” tire technology in Japan, equipping an autonomous community shuttle in Higashiomi City, Shiga Prefecture. The tires entered regular service on 8 July on the city’s “Okueigenji Keiryu car green…
The author of the article had their first encounter with a Tesla Cybercab robotaxi prototype on the roads of West Hollywood. The vehicle, which had a human driver, was described as looking like “sh*t” due to its comical proportions and…
FedEx Corp. has agreed to sell its supply chain division, FedEx Supply Chain, to French logistics giant CMA CGM Group for $1.4 billion, a deal announced on July 1, 2026, and expected to close later that year. The transaction is…
According to Helene Budliger Artieda, Switzerland’s top trade diplomat, there is a “good chance” the country will secure a lasting trade deal with the U.S. at 15% tariff rates. The deal would provide Swiss companies with a more predictable trading…
Global oil shipping faces fresh turmoil after President Donald Trump declared the U.S. ceasefire with Iran “over” on July 8, 2026, prompting shipowners to reassess transit risks through the Strait of Hormuz. A Bloomberg survey of five tanker operators whose…
China executed its largest single-day purchase of U.S. soybeans since November 2023, with the U.S. Department of Agriculture confirming sales of 472,000 metric tons on July 8, 2026. State-owned grain giant Cofco Corp. locked in at least five additional cargoes…
The International Monetary Fund (IMF) has downgraded its 2026 global economic growth forecast to 3%, down from 3.1% projected in April, citing energy disruptions triggered by the Iran conflict. The war has led to a near-shutdown of the Strait of…
President Donald Trump has renewed his call to end trade with Spain, citing the country’s lack of support for the war in Iran and its lower defense spending. Trump made the comments during a NATO summit appearance with Secretary General…