Freight broker RXO is positioning itself as a standout player amid tightening regulations and shifting market dynamics, CEO Drew Wilkerson told investors…
Global food prices climbed to their highest level in more than three years in July, driven by rising costs of grains, sugar,…
Canadian Prime Minister Mark Carney stated on August 6 that trade negotiations with the United States have turned ‘nasty’ after President Donald…
President Donald Trump may need to compromise with Iran to secure a deal reopening the Strait of Hormuz, a vital waterway through…
Global oil prices retreated on August 7, 2026, following a nearly 4% jump the day before. Brent crude, the international benchmark, fell…
Daimler Truck North America (DTNA) announced on August 6, 2026, plans to open a new U.S. truck manufacturing plant in 2029, with…
The US containerized imports increased by 8.2% in June compared to the prior year, with a total of 2,400,627 20-foot-equivalent units, according…
Saudi Aramco has cut its Arab Light crude price for Asia by 50 cents a barrel for next month, amid expectations of…
GXO Logistics has announced a strategic pivot from regional silos to a unified global enterprise model, aiming to drive high-margin growth through…
North American Class 8 truck orders totaled about 22,000 units in July, up 68%-75% year over year but down about 30% from…