Landstar CEO reports surge in agent interest following Montgomery ruling
Landstar System CEO Frank Lonegro revealed on July 28 that broker interest in joining the company’s independent agent network has surged in…
Commercial Vehicles
Wabash: Q2 trailer demand unlike anything in 40 years
Wabash reported a seismic shift in trailer demand during the second quarter of 2026, marking the most aggressive rebound in four decades.…
Hormuz shipping traffic rebounds despite ongoing hostilities
Maritime traffic through the Strait of Hormuz has rebounded in recent days despite persistent hostilities in the Middle East, with U.S. officials…
Amazon’s Zoox wins NHTSA approval to deploy up to 2,500 robotaxis annually for two years
The U.S. National Highway Traffic Safety Administration (NHTSA) has granted Amazon’s autonomous-vehicle unit Zoox a temporary exemption to commercially deploy up to…
Oil Prices Volatile After ‘Heavy Wave’ of U.S. Strikes
Oil prices have been volatile after the U.S. conducted a ‘heavy wave’ of strikes against Iran, responding to an attack on a…
The Rental Giant That Dumped 30,000 EVs Is Now Betting On Self-Driving EVs
Hertz, the rental giant, has established a new division called Oro Mobility to support Uber’s robotaxi fleet. Oro will handle charging, maintenance,…
Reorganization Charge Pushes ArcBest into Red in Q2
ArcBest reported a $13.8 million net loss in Q2 despite a 15.7% increase in revenue, which totaled $1.18 billion. The company’s operating…
PACCAR keeps drivers behind the wheel in autonomous trucks for now
PACCAR CEO Preston Feight confirmed on July 28, 2026, that the company has no plans to remove human drivers from its autonomous…
PACCAR to keep selling current heavy-duty truck engines in 2027 despite tighter emissions rules
PACCAR, the parent company of Kenworth, Peterbilt, and DAF, will continue selling its current heavy-duty truck engine configurations that do not meet…
U.S. slaps sanctions on Iranian ‘extortion network’ controlling Hormuz shipping
The U.S. Treasury Department on July 29, 2026 sanctioned two Iranian companies and eight shadow-fleet operators it accused of running an extortion…