California has become the first US state to adopt efficiency standards for replacement tires, a move expected to save drivers $1 billion (€860 million) annually in fuel and electricity costs while cutting CO2 emissions by 2 million tonnes. The California…
A €3.6 million European research initiative is transforming discarded bread and potatoes into synthetic rubber, aiming to slash the industry’s carbon footprint. The four-year RUBBIO project, launched in May 2026 and running through April 2030, is coordinated by Spain’s Fundacion…
Thailand’s Sri Trang Group swung back into the black in the second quarter of 2026, posting a net profit of THB895 million (€23.4 million) versus a THB786.8 million loss in the same period a year earlier. For the first half…
U.S. medium-duty truck sales rose 4.8% year-over-year in July, driven entirely by a 39.4% surge in Class 6 demand, according to Omdia Automotive data. Total Classes 4–7 retail sales reached 18,023 units, up from 17,204 in July 2025, but down…
Mexico is evaluating new or higher tariffs on selected imports from China and other countries, with steel products and vehicles among the top candidates, as part of a broader push to align with U.S. trade policies and extend benefits under…
The Trump administration is playing down the chances of a last-minute deal with Canada to avert a fresh round of 50% tariffs set to kick in at midnight on August 19, according to people familiar with the matter. With the…
Starwood Property Trust Inc. and Realterm, a global transportation-focused investment manager, have teamed up to provide a $672 million loan for a portfolio of 78 industrial outdoor storage properties spread across 33 U.S. markets. The portfolio covers 830 acres and…
U.S. diesel refining margins, measured by the diesel crack spread, surged past $100 per barrel in mid-August 2026, shattering previous records and underscoring a deepening global fuel crisis. The benchmark spread, which tracks the profit refiners earn turning crude into…
Target is rolling out a sweeping grocery overhaul in hundreds of stores, betting big on fresh produce, trendy snacks, and exclusive brands to revive its food aisles and drive more than $2 billion in growth. The retailer has introduced roughly…
Freight tonnage dipped in July, continuing a pattern of uneven recovery in the trucking sector, according to the latest American Trucking Associations (ATA) For-Hire Truck Tonnage Index. The index fell 1% month-over-month to 113.5 in July from 114.7 in June,…