Klaus-Michael Kuehne, the majority owner of global freight giant Kuehne + Nagel and Germany’s wealthiest individual, died on August 24, 2026, at age 89 in Schindellegi, Switzerland. The third-generation leader of the shipping empire, which his grandfather founded, Kuehne expanded…
Oil prices fell on August 24, 2026, as the U.S. prepared to impose new sanctions on Iran, despite the country’s currency hitting a record low and escalating geopolitical tensions. Brent crude dropped 1.7% to $91.06 per barrel, while U.S. benchmark…
Vice President of Corporate Strategy at Fleetworthy, Rob Abbott, argues that Congress should expand funding for programs like “Trooper in a Truck” to tackle unsafe behaviors by passenger vehicle drivers around commercial trucks. Abbott highlights that passenger-vehicle drivers cause most…
US-based butadiene and C4 derivatives supplier TPC Group is ramping up a series of debottlenecking and optimization projects to lift its crude C4 processing capacity by 14% by the end of 2029. The near-term initiatives, slated for 2026, target existing…
US tire and automotive service giant Mavis Tire Express Services has finalized its $700 million (€614 million) cash acquisition of Pep Boys from Icahn Enterprises, adding nearly 800 locations to its network and bringing the total to 4,400 stores across…
India’s compounded rubber exports surged 45.8% year-on-year in the first quarter of fiscal year 2026-27, rising from 4,476 tonnes in April-June 2025-26 to 6,526 tonnes in the same period this year. The Indian Department of Commerce highlighted the growth in…
Continental has broken ground on a new “highly automated” finished-goods warehouse at its Mount Vernon tire plant in Jefferson County, Illinois, marking a $76 million investment (€64 million) to expand its North American logistics capabilities. The facility, announced in May,…
Indian tire manufacturer Ralson is aggressively expanding its radial truck & bus tire (TBR) capacity at its Indore plant in Madhya Pradesh, India, targeting European markets. The company, historically known for bicycle tires in India, has rapidly grown its TBR…
A Reddit user from Chester County, Pennsylvania, shared dashcam footage documenting two rear-end collisions in less than two weeks—both caused by distracted drivers scrolling on their phones. The first incident totaled their old vehicle, while the second, involving a new…
Private fleet operators are grappling with relentless cost increases across fuel, equipment, labor, and insurance, forcing them to rethink operations. From route optimization and backhaul strategies to newer trucks and tech upgrades, carriers are doubling down on efficiency to offset…