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…
Nestled in Allentown, Pennsylvania, the Mack Trucks Historical Museum stands as a living testament to the brand’s deep roots in American industrial history. Housed in what was once the company’s engineering test and development center, the museum operates as an…
Lime, the electric bike and scooter rental company backed by Uber Technologies Inc., has filed for a U.S. initial public offering (IPO) aiming to raise up to $180.9 million. The company is offering 6.7 million shares priced between $24 and…
An explosion at Qatar’s Ras Laffan gas export terminal on June 21 injured at least 54 people and left 18 missing as workers attempted to restart operations following Iranian attacks. The blast occurred at the Barzan facility, a key natural…
Oil prices have fallen as talks progress over a permanent end to the Iran war. Brent crude, the international standard, has traded down $1.55, or 2%, to $79.02 per barrel, while the price for a barrel of U.S. crude has…
The American Truck Dealers (ATD) is rallying nearly 100 medium- and heavy-duty truck dealer representatives in Washington this week for its annual Legislative Fly-In, aiming to push three critical policy priorities with Congress. ATD Chairman Kevin Holmes will lead the…
China’s Longmarch Group has officially broken ground on a €160 million tire manufacturing plant in Egypt’s Ain Sokhna industrial zone. The project, valued at EGP9.5 billion, will span approximately 200,000 square metres and be developed in two phases. The first…