Trump Set to Impose New Tariffs as Refunds Flow for Illegal Duties
The U.S. government refunded nearly $22 billion in unlawfully collected tariffs in May after courts struck down former President Donald Trump’s emergency…
Commercial Vehicles
Oil Prices Slide Further After U.S.-Iran Peace Deal
Global oil prices extended their decline after the United States and Iran finalized an initial agreement to end their war, with Brent…
U.S. Gas Prices Dip Below $4 a Gallon for First Time Since March
U.S. gasoline prices have dropped just below $4 per gallon for the first time since March, averaging $3.999 nationally as of June…
Sailun Unveils Major $1.1bn Egypt Tire Expansion Plan
Sailun Group plans to invest $1.14 billion in a major tire capacity expansion project in Egypt, which would significantly increase its production…
One of America’s oldest trucking firms predates the automobile by five years
America’s oldest African-American-owned business, E.E. Ward Moving & Storage Co., opened in 1881—five years before Carl Benz patented the first automobile in…
Bendix and Aeva Partner to Develop Lidar-Based Active Safety System for Class 8 Trucks
Bendix Commercial Vehicle Systems and Aeva have announced a partnership to develop an active safety system for Class 8 trucks, integrating Aeva’s…
USA Truck Expands Veteran Hiring With Apprenticeship
USA Truck has launched a two-year Military Apprenticeship Program to help transitioning service members move into driving and diesel technician roles. The…
UAE targets “zero” Hormuz dependency with multibillion-dollar port and pipeline push
The United Arab Emirates has launched an aggressive plan to eliminate its reliance on the Strait of Hormuz, a critical chokepoint for…
J.B. Hunt Stands to Gain from Montgomery Ruling as Dedicated Trucking Demand Surges
J.B. Hunt Transport Services expects a significant tailwind for its dedicated trucking operations following the U.S. Supreme Court’s Montgomery v. Caribe Transport…
Iraq Prepares to Ramp Up Oil Exports as Strait of Hormuz Reopening Nears
Iraq is accelerating preparations to boost oil exports from its southern ports ahead of the formal reopening of the Strait of Hormuz,…