Pyrum Innovations has announced that its planned tire recycling plant at Perl-Besch, Germany is moving ahead after delays caused by the need to prove stable production at its flagship end-of-life tire pyrolysis plant in Dillingen. According to CEO Pascal Klein,…
Air Products and Chemicals Inc. has scrapped its Louisiana Clean Energy Complex, a planned multibillion-dollar hydrogen and carbon capture project, citing financial returns that failed to meet its internal criteria. The company will record a pretax charge of up to…
The U.S. Treasury imposed sanctions on June 30, 2026, against two Mexican citizens and nine Mexico-based companies for alleged ties to a fuel-smuggling operation connected to the CJNG cartel. The sanctioned individuals are Oscar Guillermo Juraidini Silva and J. Refugio…
Amazon.com Inc. will pay $2.25 million to settle U.S. Federal Trade Commission (FTC) allegations that it withheld identity-theft records from customers. The settlement, disclosed in a June 29 court filing, stems from an investigation into Amazon’s failure to provide legally…
Rush Enterprises has finalized the acquisition of five Peterbilt dealerships in South Louisiana, expanding its footprint across Baton Rouge, Houma, Lafayette, Lake Charles and New Orleans. The deal, announced on June 30, 2026, adds five full-service Peterbilt locations, one collision…
A Lithuanian immigrant, Aivaras Zigmantas, was sentenced to five years in a U.S. federal prison for masterminding a three-year cargo theft operation that diverted 90 shipments worth over $10.1 million from 22 businesses. The scheme, which ran from March 2020…
PLS Logistics Services has acquired The AGL Group, a Weymouth, Mass.-based international freight forwarder, in a deal that expands PLS’ international forwarding capabilities alongside its domestic freight services. The AGL Group will operate as a wholly owned subsidiary of PLS…
Florida is expanding truck parking along the Interstate 4 freight corridor with more than 900 new spaces, backed by a $180 million federal INFRA grant. The move targets severe capacity shortages that force drivers to park illegally on highway shoulders…
Canada’s economy staged a robust rebound in the second quarter, expanding at a 2.3% annualized pace after six months of stagnation, according to flash estimates and revised April data released June 30, 2026. GDP grew 0.1% in May following a…
The Trump administration has begun processing tariff refunds after the Supreme Court struck down duties imposed under the so-called “Liberation Day” tariffs in February 2026. The refunds, totaling $22 billion in May alone, are tied to tariffs collected in the…