J.B. Hunt Transport Services expects a significant tailwind for its dedicated trucking operations following the U.S. Supreme Court’s Montgomery v. Caribe Transport II ruling, which broadens liability risks for freight brokers and could tighten capacity across the sector. Speaking at…
Iraq is accelerating preparations to boost oil exports from its southern ports ahead of the formal reopening of the Strait of Hormuz, scheduled for June 19, 2026. The anticipated resumption of maritime traffic through the critical chokepoint has eased global…
Uber Technologies Inc. is set to launch driverless robotaxi rides in Houston starting mid-2027, using autonomous vehicles developed by Lucid Group Inc. and Nuro Inc. The move marks Uber’s latest push to compete directly with Alphabet Inc.’s Waymo in the…
The freight market downturn has officially ended after the longest slump in memory, but the recovery is uneven and fractured, reshaping the truckload sector into a patchwork of regional pricing and capacity disparities, according to the 2026 State of Logistics…
U.S. retail sales surged 0.9% in May, beating expectations and doubling April’s revised 0.4% increase, as government data showed broad-based consumer resilience despite persistent inflation and elevated fuel costs. The Commerce Department reported total retail and food services sales at…
The United States and Iran are set to sign an interim agreement in Switzerland on June 19, 2026, aimed at ending hostilities and reopening the Strait of Hormuz, a critical chokepoint for global oil and natural gas shipments. According to…
Dubai-based logistics giant DP World has entered exclusive negotiations to lease and develop a new container terminal at the Port of Corpus Christi in Texas, marking its first potential return to U.S. port operations in 20 years. The company last…
Oil prices have steadied as Brent crude, the international standard, edged less than 1% higher to $79.43 per barrel after falling more than 5% on June 16. The price stability comes amid optimism that Iran will quickly open the Strait…
Orion SA has officially commenced the production of ‘circular carbon black’ at its facility located in Qingdao, China. This significant development follows the plant’s ISSC+-certification. The Qingdao plant is now manufacturing three specific grades: Ecorax Circular 200, 210, and 215.…
Arlanxeo and Covestro have partnered to decrease the carbon footprint of chloroprene rubber production by utilizing ISCC+ certified chlorine. As part of this collaboration, Covestro supplies chlorine produced using renewable electricity for Arlanxeo’s Baypren-branded chloroprene rubber manufacturing. Since January, all…