Global crop prices have surged to their highest level in three years, driven by extreme heatwaves in Europe and escalating conflicts in the Black Sea and Middle East, which are threatening grain supplies and stoking food inflation fears. The Bloomberg…
Swiss logistics giant Kuehne+Nagel is exploring strategic options for its Apex Logistics unit, including the potential sale of a roughly 20% stake or a Hong Kong stock market listing, according to people familiar with the matter. The deliberations are ongoing…
Amnon Shashua, co-founder and CEO of Mobileye Global Inc., announced on July 23, 2026, that he will step down from his CEO role once a successor is appointed. Shashua, who co-founded Mobileye in 1999, led the company through a landmark…
Oil prices surged past the $100-per-barrel mark for the first time in two months on July 23, 2026, as escalating conflict in the Middle East disrupted global crude supplies. Brent crude, the international benchmark, jumped 7.2% to $100.88 a barrel,…
Aurora Innovation has officially unveiled its second-generation autonomous trucks, marking a major step forward in commercial driverless operations. The company revealed the new trucks on July 22, confirming plans to deploy a 200-strong fleet of fully driverless International LT Series…
Union Pacific has won the support of Canadian National (CN) for its proposed $85 billion acquisition of Norfolk Southern, a deal that would create the first U.S. transcontinental railroad. The Surface Transportation Board (STB) is reviewing the merger, which critics…
Fleets are increasingly abandoning Google searches and static internal vendor lists in favor of dedicated heavy-duty service locators like TruckDown.com to slash downtime and boost efficiency when breakdowns strike. Every minute a truck sits idle costs fleets revenue, missed deliveries,…
Off-roading fever is sweeping America. A new survey shows interest in off-road adventures has nearly doubled in the past year, with nearly two-thirds of U.S. drivers now eager to hit the trails. The Hankook Tire Gauge Index survey polled 1,000…
Ford has officially finalized a deal to sell a portion of its Valencia Assembly plant in Spain to Chinese automaker Geely. The transaction will see Geely take over part of an assembly line that has been idle since Ford discontinued…
A veteran Ford engineer has filed a lawsuit against the automaker, claiming he was terminated just months before his pension benefits vested, in what he alleges was an attempt to deny him enhanced retirement compensation. The engineer, who worked for…