The New World screwworm, a parasitic fly whose larvae burrow into the flesh of warm-blooded animals, has been detected in 32 livestock across Texas since early June 2026, marking the first U.S. livestock cases in roughly five decades. The fly’s…
The U.S. Treasury Department revoked a waiver on July 7 that permitted the sale of Iranian oil, effective immediately, following attacks on three ships in the Strait of Hormuz. The move threatens a 60-day interim peace deal between Washington and…
Amazon sold $25 billion in U.S. dollar bonds on July 7, 2026, to fund general corporate purposes, but investor demand totaled just $62 billion—roughly half the $124 billion in orders it attracted for its $37 billion March offering. The deal…
BP increased jet fuel production by about 30% at its European refineries during the Iran conflict, helping to avoid major shortages in the region. The war disrupted Middle East exports, driving prices to records, but higher European output and imports…
A coalition of 19 transportation and safety organizations, led by the American Trucking Associations, is urging four federal agencies to coordinate marijuana testing for transportation workers. The coalition is concerned that the DEA’s proposed rescheduling of marijuana to Schedule III…
Electric-vehicle maker Rivian Automotive announced plans to sell 75 million shares in a secondary offering, aiming to raise approximately $1.5 billion at the July 6 closing price of $20.14 per share. The proceeds will fund equity contributions tied to its…
The United States’ decision not to renew the United States-Mexico-Canada Agreement (USMCA) by the July 1, 2026 review deadline has injected fresh uncertainty into North America’s freight and trucking sectors. The move—widely anticipated but still unsettling—shifts the trade pact onto…
London-based energy giant Shell Plc has reported strong oil and gas trading results for the second quarter, driven by market volatility stemming from the ongoing Iran war. The company’s trading profit matched the robust first-quarter performance, while gas trading results…
Belgian family-owned logistics firm H.Essers has made its U.S. market debut by acquiring Houston-based chemical warehousing specialist Palmer Logistics. The deal, whose financial terms remain undisclosed, brings Palmer’s 14 Gulf Coast facilities totaling 3.8 million square feet of warehousing capacity…
China has significantly increased its purchases of U.S. soybeans, with state-owned agribusiness giant Cofco booking at least six cargoes for September–October loading, according to sources familiar with the matter. The move follows a May summit between President Donald Trump and…