AI is reshaping trucking and logistics by automating processes, sharpening decision-making, and boosting profitability—but only if fleets deploy it strategically. At ACT Expo 2026 in Las Vegas, executives from Werner Enterprises, Penske Transportation Solutions, and Platform Science emphasized that successful…
E-commerce giant Amazon announced it will automatically reimburse select customers for portions of a $600 million tariff refund it received during the second quarter. The disclosure came during Amazon’s earnings call, where Chief Financial Officer Brian Olsavsky revealed the company…
Rivian Automotive Inc. has reported a second-quarter adjusted EBITDA loss of $379 million, which is better than analysts’ expectations of a $548 million deficit. The company’s revenue was $1.66 billion, exceeding estimates of $1.52 billion. Rivian has attributed the improved…
Sena has introduced the Phantom XB, a bass-tuned version of its Phantom smart helmet, with an MSRP of $599. The main difference between the XB and the standard model is the Extreme Bass audio package, which includes 2nd-generation HD speakers…
Oil prices have resumed climbing due to ongoing tensions between the US and Iran, which have kept the Strait of Hormuz, a key waterway for oil transport, largely closed. As a result, Brent crude has risen 0.8% to $87.50 a…
BMW has announced plans to eliminate approximately 8,000 positions worldwide by the end of 2027, representing about 5% of its roughly 154,000-strong global workforce. The cuts are primarily targeted at white-collar roles in Germany, with production staff explicitly excluded. Instead…
Jiangxi Black Cat Carbon Black Co. Ltd. is investing Yuan50 million (€6 million) to upgrade feedstock processing at its Jining carbon black plant in eastern China. The project, carried out by its wholly owned subsidiary Jining Black Cat Carbon Black…
A Chinese machinery maker is expanding its production of tire moulds and curing presses in Shandong province. The project, valued at €100 million, has received environmental approval and will be completed in two phases. The expansion will add production capacity…
Michelin has provided an update on its ‘sustainable materials centre’ in Clermont-Ferrand, France, which is expected to host eight companies by the end of the year. The centre, located within Michelin’s Cataroux Innovation Park, was inaugurated in 2024 to support…
According to the ERJ China Tire Report 2026, sales among China’s largest tire makers increased by 7.2% year-on-year to around $40,175 million in 2025. This growth rate is slightly off the 8.3% recorded for 2024 sales, indicating considerable resilience in…