Marcus Webb Less than a year after Chery officially entered the UK market, the Chinese automaker has already seized a 2% market share, outselling Honda and Mazda combined in July. According to data from the Society of Motor Manufacturers and Traders (SMMT),…
During a speech at the Red Rock Resort in Las Vegas on Wednesday, former President Donald Trump labeled electric-vehicle range anxiety as “a disease,” claiming it was a condition afflicting EV drivers who worry about charging availability even when their…
U.S. imports of Saudi crude oil fell to zero in July, the first full month without Saudi oil deliveries since 1985, according to preliminary government data. The decline followed disruptions to Persian Gulf oil flows tied to the U.S.-Iran conflict,…
Saudi Aramco has cut its Arab Light crude price for Asia by 50 cents a barrel for next month, amid expectations of expanded Strait of Hormuz access. The price cut is significant, as volatile Gulf oil flows and high shipping…
GXO Logistics has announced a strategic pivot from regional silos to a unified global enterprise model, aiming to drive high-margin growth through organic expansion, technology investments, and selective acquisitions. CEO Patrick Kelleher revealed the shift during the company’s second-quarter earnings…
Police in Dunellen, New Jersey, pulled off an unconventional distracted-driving crackdown last month when an officer spent a six-hour shift disguised as a roadside shrub. The undercover cop, planted beside the 100 block of North Washington Avenue—a busy, pedestrian-heavy downtown…
Hertz Global Holdings Inc. reported a second-quarter adjusted loss of 11 cents per share on August 6, 2026, beating analyst expectations of a 24-cent loss and topping Ebitda estimates. The rental-car giant posted adjusted corporate earnings before interest, taxes, depreciation,…
North American Class 8 truck orders totaled about 22,000 units in July, up 68%-75% year over year but down about 30% from June. According to analysts, stronger trucking fundamentals support demand, but full 2026 production backlogs and limited build slots…
Trimac Transportation has acquired California Freight, a California-based food-grade bulk carrier, for an undisclosed sum. The deal, announced on August 4, 2026, marks Trimac’s second acquisition in the Golden State within two years. California Freight will retain its name and…
Mercedes-Benz Vans will showcase its latest innovations and strategic direction at IAA Transportation 2026 in Hannover, Germany, from September 14 to 20. The brand’s presence at the biennial commercial vehicle trade fair—held in Hall 13—marks its 130th anniversary in the…