Ram’s CEO Antonio Filosa has dropped a hard truth about the American pickup market: 40 percent of truck buyers won’t even look at a brand that doesn’t offer a V8. The iconic eight-cylinder engine remains a non-negotiable for a huge slice … Read more
ArcBest has rolled out ArcBest View, a new digital logistics platform designed to centralize shipment management across its services. Launched on May 27, the platform allows customers to quote, book, and manage shipments in a single interface while providing real-time visibility … Read more
The United States Postal Service (USPS) has signed a multiyear parcel delivery contract with the e-commerce arm of global courier DHL. Under the agreement, USPS will handle final delivery to homes for DHL, leveraging its nationwide network. The deal is expected … Read more
Tyson Foods Inc. has appointed longtime board member Jeff Schomburger as its new president and CEO, effective October 4, 2026, replacing Donnie King who will step down after 43 years with the company. King will remain on Tyson’s board and assist … Read more
UK biotech firm QuberTech has closed a £3.4 million (€3.9 million) funding round combining grant support and equity investment to advance its dandelion-derived natural rubber platform and scale commercial operations. The round was led by UKI2S, managed by Future Planet Capital, … Read more
South Korea’s HS Hyosung Advanced Materials has deepened its commitment to US-based Trillium Renewable Chemicals by leading a $13 million (€11 million) Series B funding round. The investment follows Hyosung’s existing stake in Trillium since 2022 and positions the Korean conglomerate … Read more
Taiwanese carbon black giant CSRC International Corp. is accelerating its pivot away from commoditised rubber grades toward speciality materials, citing persistent oversupply and brutal price competition in the traditional carbon black sector. In a 26 May shareholders’ meeting report, the group—parent … Read more
Continental has completed a €300m expansion project at its tire manufacturing plant in Rayong, Thailand, increasing annual production capacity by 3 million passenger car and light truck tires and adding 600 jobs. The expansion also marks the start of local radial … Read more
Chinese tire giant Shandong Linglong Tire Co. Ltd has pulled the plug on its planned €1 billion investment in a Brazilian tire manufacturing plant after failing to reach agreement with its proposed partner on core terms. In a 27 May filing … Read more
The global tire and rubber machinery sector has rebounded strongly in 2024, according to the European Rubber Journal’s (ERJ) Tire & Rubber Machinery Survey 2024. After flat sales in 2023, respondents reported an 18.6% year-on-year increase in total sales, reaching $3,712 … Read more