A middle-school classroom in Michigan transformed a routine lesson into a hands-on engineering session when students assembled battery-powered car kits, wiring circuits and watching their miniature vehicles come to life. Weeks earlier, most had little exposure to engineering beyond textbooks;…
Ford Motor Co. will halt imports of the Lincoln Nautilus SUV from China and relocate all production of the model to the United States starting in 2030. The Nautilus has been the only Lincoln model imported from China to the…
Global freight demand remains resilient as artificial intelligence infrastructure, electrification, and energy-transition cargoes drive strong shipping volumes despite geopolitical conflicts, extreme weather, and transportation bottlenecks. A.P. Moller-Maersk A/S, the world’s second-largest container carrier, raised its full-year outlook for the second…
The Labor Department’s producer price index, which measures inflation before it reaches consumers, rose 4.7% in July from a year ago, down from a 5.5% increase in June. This decrease in wholesale inflation is attributed to lower gas prices and…
After the U.S. Supreme Court struck down sweeping tariffs imposed by President Donald Trump in March 2025, logistics giants UPS, FedEx, and DHL have begun returning eligible tariff refunds directly to customers who originally paid them. The refunds stem from…
Toyo Tire Corp. has downgraded its full-year operating income forecast after weak tire markets, higher costs, and the impact of US tariffs crippled its first-half performance in 2026. For the six months ended 30 June 2026, the Japanese tire giant…
Indian Oil Corp is set to commission its polybutadiene rubber (PBR) plant at Panipat, northern India, by the end of 2026, with a production capacity of 60 kilotonnes per annum (ktpa). The project, which was initially scheduled for start-up in…
Hankook Tire & Technology has reported a 58.1% increase in second quarter operating profit, with consolidated revenue reaching KRW5,682 billion (€3.47 billion), up 5.8% year-on-year. The tire business generated a revenue of KRW2,807 billion, an 11.8% increase from the second…
Thailand and Vietnam have continued to strengthen their position in the European truck and bus tire market, with imports from both countries outpacing traditional Asian suppliers during the first five months of 2026. According to a report by Astutus Research…
Freudenberg Sealing Technologies has opened a new sealing facility in Queretaro, Mexico, covering 9,000 sq.m. and manufacturing static seals, O-rings, and gaskets using advanced injection moulding and compression moulding technologies. The plant supplies to customers in the automotive and general…