Natural rubber futures have rebounded over the first trading week of August, with all exchanges posting gains during the week ended 7 Aug. According to the Japan Exchange Group (JPX), the gains were supported by stronger physical demand and consumer…
Daimler Truck North America (DTNA) has confirmed it will not close any additional manufacturing plants in North America beyond its Portland, Oregon facility, despite plans to open its largest U.S. assembly plant. The new plant, whose location remains undecided, is…
The Federal Motor Carrier Safety Administration (FMCSA) has proposed a rule to permanently codify English-language proficiency (ELP) standards for commercial drivers, a move it estimates could remove 9,000 drivers from service annually. The proposal, announced by Transportation Secretary Sean Duffy…
JBS NV has announced that Wesley Batista Filho will become the company’s global CEO in January, marking the return of a Batista family member to the top role after approximately eight years. Batista Filho, the grandson of JBS founder Jose…
President Donald Trump on August 10, 2026, escalated demands for compensation from Iran, rejecting Tehran’s reparations requests tied to reopening the Strait of Hormuz. Trump’s demands—including compensation for alleged victims of Iranian actions and damages in Lebanon, Syria, Yemen, and…
A driver in a blue Honda Fit crashed on I-10 in Theodore, AL, after drifting towards a white Chevrolet Silverado while looking at their phone. The incident, which was captured on dashcam footage by Facebook user Aldon O., occurred on…
The cost of hiring a supertanker to carry oil on the benchmark Middle East-to-China route has approached $500,000 a day, as the Iran war continues to deter many shipowners from entering the Strait of Hormuz. This route, known as TD3,…
Daimler Truck, the world’s largest truck maker, could face a fine of approximately 1 billion euros ($1.2 billion) if it fails to meet the European Union’s 2030 emissions targets. According to CEO Karin Rådström, the company may fall 10% to…
Iran has declared that a shipping agreement with Oman to reopen the Strait of Hormuz is “very close,” but stressed that direct negotiations with the U.S. are not on the table for now. The announcement came as Tehran appointed hard-line…
The diesel market is expected to tighten further as winter approaches, with Europe facing the greatest risk due to low inventories and constrained imports. The region’s refineries are running at full capacity, but demand is set to rise, and stockpiles…