Oil prices have rebounded, with Brent crude rising 98 cents to $84.75 a barrel and US crude gaining 15 cents to $80.49 a barrel. This reversal comes after oil prices dropped more than 5% a day earlier, following US President…
The Truck Parking Club, a digital marketplace connecting truck drivers with commercial property owners, has grown to over 6,000 locations across 49 states. Fleet managers, dispatchers, or drivers can reserve spots for hourly to monthly durations via the platform. The…
Mitsubishi is set to premiere the new Pajero, a cross-country SUV riding on a body-on-frame platform, this fall, possibly on September 2. The off-roader, which will be sold as the Montero in some markets, will feature a full-time four-wheel-drive system…
Federal regulators have launched a preliminary investigation into potential front suspension failures in nearly 1.2 million Tesla vehicles after receiving 156 complaints alleging link failures that could compromise steering control. The probe covers certain 2018–2020 Model 3 sedans and 2021–2023…
Indian rubber chemicals producer Nocil Ltd has announced plans to invest €12 million in expanding rubber chemicals capacity at its Dahej site. The investment, which is in addition to the company’s existing expansion programme, will be used to build a…
Natural rubber futures ended the final trading week of July mostly lower, with the Osaka Exchange being the only major market to post a weekly gain. The Japan Exchange Group reported that the OSE December 2026 rubber contract settled up…
Zeon Corp. has completed the construction of a bench-scale facility in Japan to demonstrate technology for producing butadiene from ethanol derived from plant-based and sustainable materials. The facility, set to begin operating in January 2027, is part of a joint…
Continental AG has reported a 35.1% year-on-year increase in second-quarter adjusted earnings, driven by its tires business, which offset a weaker market environment. The company’s group sales for the second quarter of fiscal year 2026 fell 9.1% year-on-year to €4.4…
Salzgitter AG has agreed to sell Desma, a manufacturer of rubber injection moulding machinery, to the German-French industrial group Name & Mawi Partners SAS (NMP). The transaction is expected to close in autumn, with financial terms not disclosed. According to…
The trucking industry’s chronic parking shortage is driving drivers to waste an average of 56 minutes daily hunting for a spot, according to the American Transportation Research Institute’s 2025 report. ATRI ranked truck parking as drivers’ second-biggest concern last year,…