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Month: August 2026

Iran in Talks with Oman About Temporary Hormuz Route

August 3, 2026 by Marcus Webb

Iran’s Foreign Minister Abbas Araghchi announced that talks with Oman about a temporary shipping route through the Strait of Hormuz are nearing completion. The discussions are focused on a ‘temporary’ route to ensure the safety of ships, according to Esmail…

Categories Parts & Suppliers Tags Fleet

Tacoma, WA: Road Ragers Caught Flying Down SR-509, Use Emergency Shoulder To Recklessly Pass

August 3, 2026 by Marcus Webb

A driver in a Ford F-150 and another in a Honda Civic Type R were caught on dashcam using the emergency shoulder to pass on SR-509 in Tacoma, WA. The incident occurred on July 22, 2026, and was shared on…

Categories Parts & Suppliers Tags Ford, Honda, Pickup trucks

U.S. manufacturing growth hits four-year high in July as ISM index surges to 55.6

August 3, 2026 by Marcus Webb

U.S. manufacturing activity expanded in July at the fastest pace since May 2022, with the Institute for Supply Management’s manufacturing index climbing to 55.6. The reading marks the seventh consecutive month of growth and the highest level in over four…

Categories Parts & Suppliers Tags Market

Beer Dynasties Sell $843 Million Stake in AB InBev

August 3, 2026 by Marcus Webb

Historic family owners of Anheuser-Busch InBev, including the Van Damme, de Mevius, and de Spoelberch families, have sold a $843 million stake in the world’s largest brewer. The sale, which was arranged by JPMorgan, saw 10 million AB InBev shares…

Categories Parts & Suppliers Tags Fleet

2026 Beta Alp 4.0 Review: 15 Fast Facts on the Dual-Sport Kingpin

August 3, 2026 by Marcus Webb

Beta revives its iconic Alp name in the U.S. with the 2026 Alp 4.0, a liquid-cooled dual-sport motorcycle designed to carve a niche between budget-friendly commuters and hardcore off-roaders. The Alp 4.0 slots into the red-hot small-bore adventure/dual-sport segment, where…

Categories Motorcycles & Powersports Tags Bosch, Honda, KTM, Performance, Suzuki

Amazon joins elite club as fifth company to hit $3 trillion market cap

August 3, 2026 by Marcus Webb

Amazon.com Inc. has become the fifth company in history to surpass a $3 trillion market valuation, achieving the milestone on August 3, 2026. The e-commerce and cloud giant’s shares surged as much as 5.3% by 9:35 a.m. ET, extending a…

Categories Parts & Suppliers Tags Fleet, Motorsport, Performance

Mercedes-Benz Classic debuts “birth certificate” for cars built between 1986 and 2010

August 3, 2026 by Marcus Webb

Mercedes-Benz Classic has launched a new service offering a factory-documented “birth certificate” for passenger cars built between 1986 and 2010. The document consolidates the original vehicle configuration data stored in the manufacturer’s archives, presenting it in a high-quality presentation folder.…

Categories Industry News Tags Mercedes-Benz, Smart

Tyson slashes profit forecast as beef unit bleeds cash amid cattle shortage

August 3, 2026 by Marcus Webb

Tyson Foods has slashed its fiscal 2026 adjusted operating income outlook to $2.1 billion–$2.3 billion, a $100 million reduction, as losses in its beef business deepen. The company now expects its beef segment to post an adjusted operating loss of…

Categories Parts & Suppliers

Daimler Truck North America to close Portland manufacturing plant at end of October

August 3, 2026 by Marcus Webb

Daimler Truck North America (DTNA) will shut down its Freightliner Swan Island plant in Portland, Oregon, on October 30, ending 57 years of local truck production that began in 1969. The closure, confirmed by a company spokesman on August 3,…

Categories Parts & Suppliers Tags Commercial trucks, Freightliner, Market, Performance

Oil prices plunge after Trump signals easing of Iran conflict

August 3, 2026 by Marcus Webb

Global oil prices tumbled on August 3, 2026, after U.S. President Donald Trump announced he would order American forces to refrain from further attacks on Iran and suggested a deal to end the ongoing conflict was imminent. Brent crude, the…

Categories Parts & Suppliers Tags Fleet
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