Orange EV has hit a major milestone, delivering its 2,000th electric terminal truck to Coca-Cola Canada Bottling on June 23, 2026. The deployment expands Coke Canada’s electric yard truck operations in British Columbia and Quebec, marking a significant step in…
Global shipping traffic through the Strait of Hormuz has rebounded since a U.S.-Iran interim agreement eased wartime restrictions, but the future of the critical waterway remains mired in dispute. The strait, a chokepoint linking the Persian Gulf to the Gulf…
Global oil prices extended their decline on June 23, 2026, amid rising hopes for a breakthrough in the Iran war negotiations. Brent crude, the international benchmark, dropped 43 cents to settle at $77.47 per barrel, while U.S. benchmark crude fell…
Top Glove Corporation has achieved independent verification of the product carbon footprint (PCF) for its nitrile rubber gloves, marking the first such certification by a Malaysian glove manufacturer. The verification, conducted by SGS under the ISO 14064-3:2019 standard, covers powder-free…
South Korean tire manufacturer Nexen Tire has completed a major expansion of its automated finished-goods warehouse at its Zatec, Czech Republic plant, increasing storage capacity by 57% to support faster regional deliveries across Europe. The new facility, built with a…
India has initiated an anti-dumping investigation into imports of resorcinol, a key chemical used in tire and rubber manufacturing, from China and Japan. The probe was launched by the Directorate General of Trade Remedies (DGTR) following a petition by Atul…
Linglong Tire has launched the second phase of expansion at its tire manufacturing plant in Zrenjanin, Serbia, with an investment of €500 million. This investment will make Linglong one of the most significant foreign investors in Serbia. The company has…
Ford’s U.S. Heritage Fleet, a preservation initiative for the Blue Oval’s most significant vehicles, rolled out two head-turning concepts at this year’s EyesOn Design car show. The event, held annually on Father’s Day at the Ford family estate in Grosse…
The Supreme Court’s ruling in Montgomery v. Caribe Transport II has prompted the freight brokerage industry to reassess its carrier-vetting practices. The court ruled that federal law does not shield brokers from state negligent-hiring lawsuits, removing a defense widely used…
The U.S. Treasury Department has issued a 60-day license allowing Iran to sell oil and petroleum products through August 21, 2026, as part of a peace agreement signed by President Donald Trump on June 17, 2026. The temporary waiver marks…