German automotive components giant ElringKlinger AG posted a 17.3% year-on-year revenue jump to €478.9 million in Q2 2026, despite a 0.2% decline in global vehicle production. The company attributed the growth to ramp-up effects in e-mobility series production totaling €28.1…
The EU Drinking Water Directive aims to ensure the highest standards of safety and hygiene in drinking water supplies across Europe. However, according to Volker Krings, chief chemist at Germany’s rubber industry association WDK, the directive’s implementation has been poorly…
The global rubber and tire sector showed mixed performance over the past fortnight, with share prices fluctuating across major manufacturers while raw material costs and financial results painted a nuanced picture of the industry’s health. Bridgestone’s stock dipped 1.0% to…
Major U.S. retailers Walmart, Target, and Home Depot reported sales gains this week, signaling that American consumers are still opening their wallets—but only when they find the right product at the right price. Walmart, which posted its weakest sales growth…
Ryder System CEO John Diez forecasts at least a 10% year-over-year spike in used truck and tractor prices for 2027 as market conditions tighten. The prediction follows a 6% annual increase in used tractor pricing and a 3% rise in…
Deere & Co. raised the lower end of its annual profit forecast to $4.75 billion–$5 billion after third-quarter earnings beat analyst estimates, signaling cautious optimism about a rebound in the agricultural equipment market. The company now expects fiscal 2026 to…
The Port of Los Angeles capped its second-busiest July on record in 2026, handling 960,464 TEUs (twenty-foot equivalent units) as importers scrambled to outmaneuver global supply chain disruptions and shifting U.S. tariff policies. The port’s July tally landed 8% below…
Selling over-the-road transportation equipment through private deals can be messy, slow, and frustrating. Instead, fleet owners turn to auctions for a faster, smarter way to refresh inventory—and Taylor & Martin delivers results that outshine the competition. For more than 60…
Hong Kong-based conglomerate CK Hutchison Holdings has initiated arbitration seeking more than $1.5 billion in damages from Panama after the Central American nation seized two key Panama Canal ports. The dispute centers on the takeover of Balboa and Cristobal ports,…
Retail giant Walmart has posted its slowest U.S. comparable sales growth in six years for the quarter ended July 31, 2026, sending shares down 6% in premarket trading. Comparable sales, which include online sales tied to physical stores, rose 2.6%…