The U.S. is actively supporting efforts to revive the Kirkuk-Baniyas oil pipeline, a 500-mile route from Iraq to Syria’s Mediterranean coast, as a strategic alternative to the Strait of Hormuz. The move comes amid recent wartime closures of the Strait…
Mack Trucks is rolling out Lock & Leave, a new feature that lets drivers initiate over-the-air (OTA) software updates and then leave the truck unattended while the update completes. Scheduled for launch in fall 2026 pending final validation, Lock &…
The Port of Corpus Christi expects U.S. crude oil exports to remain at least 1 million barrels per day above prewar levels, according to CEO Kent Britton. The surge follows disruptions to global oil supply caused by the Iran war,…
Daimler Truck North America (DTNA) CEO John O’Leary is confident that truck demand will accelerate in the second half of 2026, citing rising fleet replacement needs. The company has seen an 8% year-over-year sales gain in Q2 and a 41.6%…
Lucid Group Inc. shares crashed as much as 55% on July 14, 2026, after a report claimed the EV maker is exploring drastic measures including bankruptcy protection or going private. The intraday drop triggered multiple trading halts and rippled through…
Global fuel markets have tightened to record levels as renewed Middle East conflict and tanker attacks in the Strait of Hormuz raise supply concerns, threatening to push gasoline and diesel prices higher at the pump. The escalation follows the collapse…
U.S. President Donald Trump on July 14, 2026 abandoned plans to impose a 20% cargo fee on ships transiting the Strait of Hormuz, instead announcing that Gulf states would make “massive” trade and investment deals in the United States. The…
Mexican heavy-duty commercial vehicle production saw a 7.6% year-over-year increase in June, with International Motors’ Escobedo plant leading the way. The Escobedo plant built 4,181 trucks in June, an 11.6% increase from the same period last year and an 18.8%…
Autonomous robotaxi services operated by Waymo, Zoox and Tesla are facing unexpected operational headaches as passengers increasingly fall asleep, spill drinks, vomit, drop food and even give birth inside the driverless vehicles. In Austin, Texas, emergency responders logged 99 “sleeper”…
Ride-hailing giant Uber Technologies Inc. is in advanced negotiations to acquire German food-delivery platform Delivery Hero SE, according to people familiar with the matter. The deal could be finalized as early as this week, potentially valuing Delivery Hero above its…