ACT Research reported that July sales increased 10.6% to 26,100 units from 23,600 the prior year and were up 4.8% sequentially from 24,900 units in June. Read more…
The renewed fighting has sent U.S. crude prices sharply higher this week, up 11%. Brent crude, the international standard, rose 0.6% to $96.23 per barrel. Read more…
The ruling left open the question of how to apply a so-called reasonable care standard that requires brokers to vet carriers they hire to haul freight. Read more…
The House passed a short-term measure Sept. 1 that funds the federal government into early December and extends expiring federal surface transportation programs. Read more…
The DOJ expanded its antitrust inquiry of the meatpacking industry by demanding information on surging beef prices from Amazon, Costco, Walmart and others. Read more…
Descartes said the deal would expand its warehouse and inventory management capabilities and at the same time extend its 3PL and e-commerce fulfillment portfolio. Read more…
European natural gas futures hit a three-year high and oil futures are moving closer to $100 a barrel as renewed fighting threatens to once again throttle energy supplies from the Persian Gulf. Read more…
The Baltic Dry Index rose 5.5% to 3,331 points, touching the highest since December 2023, driven by a rise in the constituent Capesize rate that surged over 8%. Read more…
The gap in goods and services trade grew 24.4% from the prior month to $88.6 billion. The value of imports increased 2.8% and exports fell 2.1%. Read more…
The hostilities have underscored Iran’s continued ability to choke a crucial maritime artery. The Hormuz strait handled a fifth of oil and LNG flows before the war. Read more…
Tyson now sees annual adjusted operating income of $1.85 billion to $2.05 billion. That comes just one month after the company cut its outlook for the fiscal year. Read more…
Waymo is in the final stages of talks to raise debt for the first time, tapping lenders including Pacific Investment Management for more than $3 billion. Read more…
The companies ranked on the 2026 Transport Topics Top 100 Private Carriers list have continued to demonstrate the value of their in-house truck fleets. Read more…
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