Nestled in Allentown, Pennsylvania, the Mack Trucks Historical Museum stands as a living testament to the brand’s deep roots in American industrial history. Housed in what was once the company’s engineering test and development center, the museum operates as an…
Irish building materials giant CRH Plc has agreed to acquire U.S.-based Arcosa Inc. for $8.5 billion in an all-cash deal, marking the largest acquisition in CRH’s history. The transaction values Arcosa at $150 per share, a roughly 10% premium over…
Lime, the electric bike and scooter rental company backed by Uber Technologies Inc., has filed for a U.S. initial public offering (IPO) aiming to raise up to $180.9 million. The company is offering 6.7 million shares priced between $24 and…
An explosion at Qatar’s Ras Laffan gas export terminal on June 21 injured at least 54 people and left 18 missing as workers attempted to restart operations following Iranian attacks. The blast occurred at the Barzan facility, a key natural…
Amazon’s four-day Prime Day sale is set to begin on June 23, with U.S. online spending expected to reach a record $26.3 billion, up 9% from last year. The event is significant as inflation and higher gas prices drive deal-seeking,…
Oil prices have fallen as talks progress over a permanent end to the Iran war. Brent crude, the international standard, has traded down $1.55, or 2%, to $79.02 per barrel, while the price for a barrel of U.S. crude has…
The American Truck Dealers (ATD) is rallying nearly 100 medium- and heavy-duty truck dealer representatives in Washington this week for its annual Legislative Fly-In, aiming to push three critical policy priorities with Congress. ATD Chairman Kevin Holmes will lead the…
Swedish recycling firm Infiniteria has escalated its legal battle with Scandinavian Enviro Systems by launching fresh proceedings in Sweden, seeking a court declaration that its exclusive licence to Enviro’s patented waste tire pyrolysis technology remains valid. In a statement issued…
China’s Longmarch Group has officially broken ground on a €160 million tire manufacturing plant in Egypt’s Ain Sokhna industrial zone. The project, valued at EGP9.5 billion, will span approximately 200,000 square metres and be developed in two phases. The first…
The European tire industry, represented by Tyres Europe, has called for stronger EU trade defence measures to counter structural overcapacity, state-induced market distortions, and unfair trading practices threatening the bloc’s manufacturers. In a 17 June statement, the association warned that…