U.S. airlines burned through $6.66 billion on jet fuel in May, marking the second consecutive month fuel costs topped $6 billion, the Bureau of Transportation Statistics reported on July 7. The May bill was 84% higher than a year earlier,…
Oil prices have surged more than 6% after US President Donald Trump stated that the interim agreement with Iran is ‘over’, despite allowing talks to continue. The price of Brent crude oil jumped 6.3% to $78.80 a barrel, while US…
The question of which race car driver one would want to be friends with is a intriguing one, especially considering the demanding schedule and social dynamics of the racing world. With the recent announcement of Jack Whitehall as an official…
President Donald Trump has issued pardons for nine individuals previously convicted of tampering with or selling parts to bypass vehicle emission controls, violating the Clean Air Act. The move follows a recent memorandum widely interpreted as a “Right to Repair”…
The New World screwworm, a parasitic fly whose larvae burrow into the flesh of warm-blooded animals, has been detected in 32 livestock across Texas since early June 2026, marking the first U.S. livestock cases in roughly five decades. The fly’s…
Amazon sold $25 billion in U.S. dollar bonds on July 7, 2026, to fund general corporate purposes, but investor demand totaled just $62 billion—roughly half the $124 billion in orders it attracted for its $37 billion March offering. The deal…
BP increased jet fuel production by about 30% at its European refineries during the Iran conflict, helping to avoid major shortages in the region. The war disrupted Middle East exports, driving prices to records, but higher European output and imports…
A coalition of 19 transportation and safety organizations, led by the American Trucking Associations, is urging four federal agencies to coordinate marijuana testing for transportation workers. The coalition is concerned that the DEA’s proposed rescheduling of marijuana to Schedule III…
The United States’ decision not to renew the United States-Mexico-Canada Agreement (USMCA) by the July 1, 2026 review deadline has injected fresh uncertainty into North America’s freight and trucking sectors. The move—widely anticipated but still unsettling—shifts the trade pact onto…
London-based energy giant Shell Plc has reported strong oil and gas trading results for the second quarter, driven by market volatility stemming from the ongoing Iran war. The company’s trading profit matched the robust first-quarter performance, while gas trading results…