President Donald Trump insists the Strait of Hormuz will fully reopen to global shipping by June 19, but European allies at the June 15 G7 summit in Evian-les-Bains, France, remain deeply skeptical. The dispute centers on conflicting accounts of an…
A tentative U.S.-Iran deal to reopen the Strait of Hormuz has started easing oil prices, but consumers won’t see immediate relief at the pump, grocery stores, or airports. Disruptions to oil, shipping, and fertilizer supply chains have driven up costs…
UK-based Dunlop Aircraft Tyres Ltd reported a sharp swing from profit to loss in its 2025 annual report, directly linked to its exit from a supply contract for the Boeing C-17 fleet. The company posted a pre-tax loss of £291,000…
Law enforcement agencies nationwide are reporting a surge in incidents involving commercial truck drivers operating without valid credentials, as stricter federal regulations and revoked non-domiciled CDLs remove thousands of drivers from the workforce. Recent crackdowns in seven states have exposed…
Volvo Trucks North America (VTNA) will expand its remote over-the-air (OTA) software update capability in late 2026 to allow VNL and VNR trucks to receive updates while unoccupied. The feature, which lets drivers initiate an update, lock the truck, and…
Wabash National Corporation has bolstered its Canadian dealer network by adding Transport Trailer Sales, a Milton, Ontario-based full-service trailer dealership, to its roster. The partnership expands Wabash’s footprint in Greater Toronto and Eastern Canada, positioning the company closer to fleet…
The New World screwworm parasite has expanded its reach in Texas, with infections now confirmed in at least a dozen cases, including cattle and sheep, moving beyond the initial containment area. This outbreak adds urgency to efforts to control the…
The U.S. Strategic Petroleum Reserve has fallen to its lowest level since 1983, dropping to roughly 340 million barrels, according to Energy Department data released on June 15, 2026. The Trump administration is finalizing plans to release 172 million barrels…
Global shipowners and traders are reacting with caution to a US-Iran deal aimed at reopening the Strait of Hormuz within days, insisting they need concrete details before risking safe passage through the critical chokepoint. The agreement, which President Donald Trump…
An interim U.S.-Iran deal to reopen the Strait of Hormuz is unlikely to immediately restore fertilizer shipments as shipowners assess safety conditions after months of conflict. The fertilizer trade has been heavily disrupted, with over 40 vessels carrying about 1…