According to the Japan Exchange Group (JPX), natural rubber futures have ended the second week of June lower across all major Far East exchanges due to ‘persistent selling pressure and liquidation of long positions.’ This decline is attributed to commodity…
Tyres Europe has joined a coalition of European industry associations in urging the European Commission to address the remaining flaws and technical constraints in the EU Deforestation Regulation (EUDR) information system. The EUDR information system is a key component of…
Bendix Commercial Vehicle Systems and Aeva have announced a partnership to develop an active safety system for Class 8 trucks, integrating Aeva’s 4D lidar sensors and perception software with Bendix’s collision mitigation technology. The program targets future mass-production vehicles and…
President Donald Trump has expressed understanding for Canada’s capped low-tariff quota for Chinese electric vehicle (EV) imports, according to Canadian President Mark Carney. The deal, which was unveiled in January, allows up to 49,000 Chinese EVs to be imported annually…
US President Donald Trump told reporters in Paris that he would prefer the US not to renew the US-Mexico-Canada Agreement (USMCA) when it faces a July 1 deadline, calling the pact unnecessary and repeating his view that the original NAFTA…
Crude oil inventories at Cushing, Oklahoma—the U.S.’s largest commercial storage hub—have plummeted for eight consecutive weeks, dropping to roughly 20 million barrels, a level traders consider the operational minimum. Government data published June 17, 2026, confirms the decline, leaving the…
Stellantis CEO Antonio Filosa announced that the company is in discussions with two potential partners for Maserati, which will have implications for the plants producing the luxury brand’s cars. Filosa stated that Maserati and the Cassino, Italy plant are not…
The Federal Reserve held its benchmark interest rate steady on June 17, 2026, but nearly half of its policymakers indicated they could support a rate hike later this year. The decision marks a shift from earlier projections that had anticipated…
USA Truck has launched a two-year Military Apprenticeship Program to help transitioning service members move into driving and diesel technician roles. The program, developed in partnership with Fastport, allows eligible participants to receive company wages and a military housing allowance…
The United Arab Emirates has launched an aggressive plan to eliminate its reliance on the Strait of Hormuz, a critical chokepoint for global energy shipments, following disruptions caused by regional conflict. Speaking to Bloomberg News, UAE Minister of Foreign Trade…