BP Boosts European Jet Fuel Output by 30% Amid Iran War
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…
Trucking Coalition Seeks Federal Marijuana Test Plan
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…
Rivian to sell 75 million shares, raising $1.5B to fund DOE loan contributions
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…
USMCA uncertainty casts shadow over North American trucking outlook
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…
Shell reports robust oil and gas trading amid war-driven market volatility
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 logistics giant H.Essers enters U.S. market via Palmer acquisition
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 ramps up U.S. soybean purchases amid thawing trade ties
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…
East Lansing, MI: Driver Commits to No-Look Lane Change Despite Nearby Vehicle
A dashcam video shared on Reddit shows a Jeep Grand Cherokee owner making a no-look lane change on Farm Ln in East Lansing, MI, coming within inches of an actual collision. The incident occurred on June 23, 2026, near the…
EU Aims to Cut Dependency on U.S. Soy, Oilseed Imports
The European Commission has set a goal to source 35% of animal feed protein crops domestically by 2035, up from 25% last year, in an effort to reduce reliance on imports from the U.S. and Brazil. The move aims to…
Fiat’s Topolino Micromobility EV Hits the U.S. with 19 mph Top Speed and a $13,995 Price Tag
Fiat has officially launched the all-electric Topolino in the United States, positioning it as a stylish alternative to golf carts and low-speed neighborhood vehicles rather than a traditional car. The tiny EV is priced at $13,995 before destination charges and…