Freight Recovery Exposes New Truckload Market Fault Lines
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 Jump 0.9% in May, Outpacing April’s Gain as Consumer Spending Holds Strong
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…
Iran and U.S. to Sign Deal Reopening Strait of Hormuz, Officials Say
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…
DP World in Exclusive Talks to Revive U.S. Port Operations at Texas’ Corpus Christi
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…
Heavy-Duty Trucks Finally Get Safety Ratings — And Some Fail Miserably
For the first time ever, the Insurance Institute for Highway Safety (IIHS) has published safety evaluations for heavy-duty trucks and commercial vans, filling a critical gap in public safety data. Unlike passenger cars, SUVs, and even full-size trucks, commercial vehicles—including…
Oil Prices Stay Steady Under $80 on Optimism Over Hormuz
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…
Why Your CarMax Online Offer Might Not Match the In-Store Final Price
CarMax’s online car-selling tool offers a quick, no-pressure way to get an instant trade-in estimate, but the final number you walk away with at the dealership can differ—sometimes significantly. The company’s online valuation is valid for just seven days and…
These 5 Charities Can Help Lower The Cost Of Car Repairs
Car repairs can be a significant financial burden, especially for those living paycheck to paycheck. A recent survey by the Federal Reserve found that 37% of Americans wouldn't or couldn't pay $400 in cash for an emergency expense. However, there…
Ford’s $30,000 electric pickup gets its first official tease
Ford has officially teased its upcoming entry-level electric pickup with a dedicated website and winter testing footage, ahead of a 2025 launch. The compact EV truck, potentially named Ranchero, slots into the market as a smaller alternative to the Maverick,…
Ford Unveils Compact Electric Pickup Ahead of 2027 Launch
Ford has started teasing its new compact electric pickup truck, which is expected to launch next year with a starting price of around $30,000. The truck, potentially dubbed Ranchero, will be similar in size to the old Ford Ranger and…