Saudis Cut Key Oil Price Again as Hormuz Talks Progress
Saudi Aramco has cut its Arab Light crude price for Asia by 50 cents a barrel for next month, amid expectations of expanded Strait of Hormuz access. The price cut is significant, as volatile Gulf oil flows and high shipping…
GXO transitions to a global operating model to fuel growth
GXO Logistics has announced a strategic pivot from regional silos to a unified global enterprise model, aiming to drive high-margin growth through organic expansion, technology investments, and selective acquisitions. CEO Patrick Kelleher revealed the shift during the company’s second-quarter earnings…
New Jersey Cop in Bush Disguise Issues 74 Tickets in Six Hours
Police in Dunellen, New Jersey, pulled off an unconventional distracted-driving crackdown last month when an officer spent a six-hour shift disguised as a roadside shrub. The undercover cop, planted beside the 100 block of North Washington Avenue—a busy, pedestrian-heavy downtown…
Hertz narrows loss, shares surge after debt-funding move and used-car market warning
Hertz Global Holdings Inc. reported a second-quarter adjusted loss of 11 cents per share on August 6, 2026, beating analyst expectations of a 24-cent loss and topping Ebitda estimates. The rental-car giant posted adjusted corporate earnings before interest, taxes, depreciation,…
Strong Class 8 Orders Meet Limits of 2026 Production
North American Class 8 truck orders totaled about 22,000 units in July, up 68%-75% year over year but down about 30% from June. According to analysts, stronger trucking fundamentals support demand, but full 2026 production backlogs and limited build slots…
Trimac acquires California Freight to expand food-grade bulk transport in California
Trimac Transportation has acquired California Freight, a California-based food-grade bulk carrier, for an undisclosed sum. The deal, announced on August 4, 2026, marks Trimac’s second acquisition in the Golden State within two years. California Freight will retain its name and…
Mercedes-Benz Vans at IAA Transportation 2026
Mercedes-Benz Vans will showcase its latest innovations and strategic direction at IAA Transportation 2026 in Hannover, Germany, from September 14 to 20. The brand’s presence at the biennial commercial vehicle trade fair—held in Hall 13—marks its 130th anniversary in the…
Carney Seeks Broader Tariff Relief as Trump’s 50% Levy Looms
Canadian Prime Minister Mark Carney is seeking a trade deal with the US that removes Section 232 tariffs on key sectors, including steel, aluminum, autos, and lumber. The tariffs, imposed by US President Donald Trump, have been battering the Canadian…
2026 Benda Chinchilla 300 Review: 14 Fast Facts for $4999
The 2026 Benda Chinchilla 300 is an entry-level cruiser with an MSRP of $4999, offering a welcoming and easy-handling experience for new riders. The bike features a SOHC liquid-cooled 298cc V-twin engine, producing 30 HP, and a 6-speed gearbox. With…
Oil prices hold steady as Iran war uncertainty lingers
Global oil prices remained largely unmoved on August 6, 2026, as markets grappled with uncertainty over the ongoing U.S. conflict with Iran. Brent crude, the international benchmark, inched up less than 0.1% to $79.50 per barrel, while U.S. benchmark crude…