President Donald Trump has escalated threats against Oman, warning that the U.S. could bomb the Gulf nation if it obstructs a proposed Strait of Hormuz shipping arrangement with Iran. The warning comes as Iran and Oman finalize details of a…
Cargo theft incidents in the U.S. and Canada fell 26% year-over-year in Q2 2026 to 677 reported cases, according to Verisk CargoNet’s latest report. While the number of thefts declined, estimated losses surged 125% to $304.6 million, driven by multimillion-dollar…
U.S. Class 8 heavy-duty truck retail sales rose 2.2% year-over-year in July to 19,254 units, marking a second straight monthly increase despite ongoing regulatory uncertainty. The growth comes as fleets and manufacturers navigate proposed EPA emissions revisions that could ease…
Oil prices ticked higher on August 17, 2026, as the conflict with Iran entered its second month, with Brent crude rising 0.7% to $89.15 per barrel. The modest gain came despite recent volatility that saw Brent swing between $72 and…
Freight railroads in the U.S. are hemorrhaging more than $200 million a year to cargo thieves, with 75,000 incidents recorded in 2025 alone. The surge in thefts—quadrupling since 2020—has forced major carriers like CSX, BNSF Railway Co. and Union Pacific…
The 60-day deadline set by the U.S.-Iran memorandum to end the war and finalize a nuclear accord expired on August 17, 2026, with both sides dug in and no compromise in sight. The interim deal, signed by U.S. President Donald…
Semperit Group has reported a significant increase in earnings for the first half of 2026, with earnings (EBITDA) more than doubling year-on-year to €66.6 million. Sales grew by 11.1% to €356 million, while earnings after tax returned to positive territory…
Yokohama Rubber Co has outlined its new mid-term plan, YX2029, which targets significant expansion and restructuring of its global tire production network over the next three years. The plan includes the development of a ‘hybrid’ plant in Mexico, set to…
The US Tire Manufacturers Association (USTMA) has significantly lowered its forecast for US tire shipments in 2026, with total shipments now expected to decline 1.8% from 2025 to 330.3 million units. This represents a downward revision of 2.5% or 8.6…
The German rubber industry, represented by the WDK association, is calling for changes to the EU Packaging and Packaging Waste Regulation (PPWR) that took effect in Germany on August 12. According to Boris Engelhardt, CEO of WDK, the PPWR requirements…