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Updated: 1 hour 32 min ago

Lyft Projects Strong Q2 as Premium Services Expand

Thu, 05/07/2026 - 16:00
Lyft forecast second-quarter results that beat Wall Street estimates, as the ride-sharing company expands internationally and adds higher-end offerings.

Trump Sets New July 4 Deadline for EU to Approve Trade Deal

Thu, 05/07/2026 - 15:00
President Trump said that goods from the EU would face higher tariff rates if the 27-member bloc fails to approve last year’s trade framework by July 4.

Trump, Xi Summit Set Despite China's Hesitance on Iran

Thu, 05/07/2026 - 14:30
President Trump is forging ahead with plans to hold a summit with counterpart Xi Jinping next week in Beijing despite unease in China over the Iran war.

Americold, EQT Form $1.3 Billion Cold Storage Venture

Thu, 05/07/2026 - 14:05
The transaction will give EQT a 70% interest in the North American venture, with Americold retaining the remaining 30%, the companies said May 7.

RXO Boss Optimistic About Supply-Side Recovery

Thu, 05/07/2026 - 12:30
RXO CEO Drew Wilkerson expressed optimism that the freight market is recovering and that the company is well positioned for the upturn while reporting first-quarter results May 7.

Cyber Cargo Theft Cases Surging, FBI Warns

Thu, 05/07/2026 - 11:39
The FBI has issued a public alert about “surging” cargo theft cases involving cybercriminals impersonating a broad range of legitimate freight companies.

Iran Creates New Agency to Control Shipping in Hormuz

Thu, 05/07/2026 - 10:46
The move has raised concerns about eroding the freedom of navigation on which global trade depends.

Numbers Show Global Impact of Iran's Grip on Hormuz

Thu, 05/07/2026 - 10:06
Iran’s grip on the Strait of Hormuz has jolted the world economy. Here is a look at the strait by the numbers.

US States Have Revoked 28,000 Non-Domiciled CDLs

Thu, 05/07/2026 - 09:48
Transportation Secretary Sean Duffy highlighted the revoked non-domiciled CDLs among a list of one-year accomplishments to support the trucking industry.

US Considers Tapping Oil at Military Bases to Refill Reserve

Thu, 05/07/2026 - 09:36
The move comes as the administration has vowed to find ways to refill the Strategic Petroleum Reserve, which has seen additional declines during the Iran war.

Shell Profit Climbs as Iran War Boosts Oil Trading

Thu, 05/07/2026 - 08:43
Shell, which recently announced the acquisition of Canadian oil and gas producer ARC Resources, cut its quarterly share buyback and raised its dividend.

CEO Says Maersk Will Pass Higher Oil Costs to Customers

Thu, 05/07/2026 - 08:21
The Iran war has raised expenses by about $500 million a month, Maersk CEO Vincent Clerc said.

DoorDash Plans to Spend $50M on Gas Price Relief for Drivers

Thu, 05/07/2026 - 08:01
DoorDash said demand for deliveries remained strong in the January-March period despite higher gas prices, with total orders rising 27% to 933 million.

Oil Prices Fall on Tenuous Peace Between Iran, US

Thu, 05/07/2026 - 07:14
Brent crude, the international standard lost $3.30 to $97.97 per barrel.

First Trump Tariff Refunds Reach Importers

Wed, 05/06/2026 - 16:00
The Trump administration has begun paying out refunds for the $166 billion in global tariffs that the Supreme Court declared unlawful earlier this year.

GXO Reports Swinging From Loss to Profit in Q1

Wed, 05/06/2026 - 13:45
GXO Logistics Inc. on May 5 reported first-quarter revenue and earnings growth, supported by a swing from a loss to a profit year over year.

Shipping Firms Whipsawed as They Wait for Hormuz to Reopen

Wed, 05/06/2026 - 13:34
“Ultimately, it’s still going to come back to the primary issues of risk and safety," that shippers have to evaluate.

Mack Trucks Reveals EPA 2027-Compliant MP13 Engine

Wed, 05/06/2026 - 13:30
Mack Trucks unveiled an MP13 engine compliant with the EPA's upcoming 2027 nitrogen oxide emissions regulations at the 2026 ACT Expo on May 5.

EPA 2027 NOx NOPR Expected by Late June, OEMs Say

Wed, 05/06/2026 - 12:51
The agency is expected to leave in place a requirement that NOx emissions for heavy-duty trucks fall to 35 milligrams per horsepower-hour from 200 mg/hp-hr.

Clean Fleets Target Business Cases as Subsidies Fade

Wed, 05/06/2026 - 12:00
ACT Expo 2026 signaled momentum shifts in the clean transportation movement and growing acceptance of connected vehicle technology, AI and autonomous driving.

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