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Updated: 2 hours 20 min ago

USMCA uncertainty clouds outlook for trucking

Tue, 07/07/2026 - 13:20
The lack of clarity is adding volatility to a freight market seeking a smooth ride to greater prosperity after the longest downturn in industry memory.

BP drove up European jet fuel output by 30% during Iran war

Tue, 07/07/2026 - 12:51
BP boosted jet fuel production at its European refineries by about 30% during the Iran conflict, helping the region avoid major shortages while millions of barrels were locked up in the Persian Gulf.

Shell says oil, gas trading strong as war drives volatility

Tue, 07/07/2026 - 11:57
Shell’s trading update offers a first glimpse into how Big Oil fared in a quarter when crude prices hit their highest since the invasion of Ukraine in 2022.

China buys more U.S. soybeans as agricultural trade ramps up

Tue, 07/07/2026 - 11:12
State-owned firm Cofco has booked at least six cargoes of U.S. soybeans for loading between September and October, Bloomberg reported.

Palmer deal gives logistics firm H.Essers U.S. market entry

Tue, 07/07/2026 - 11:00
H.Essers is entering the U.S. market by bringing chemical warehousing firm Palmer Logistics into its operations and outlining plans for expansion.

EU aims to cut dependency on U.S. soy, oilseed imports

Tue, 07/07/2026 - 10:17
The European Commission, the bloc’s executive arm, wants 35% of oilseeds and protein crops used in animal feed to be EU-grown by 2035.

Trade deficit widens to biggest in more than a year

Tue, 07/07/2026 - 09:41
The gap in goods and services trade grew 42.2% from April to $77.6 billion, Commerce Department data showed July 7.

2 tankers hit in latest attacks in the Strait of Hormuz

Tue, 07/07/2026 - 08:59
Tehran, which has repeatedly declared that only its approved route through the strait is safe, is suspected of attacking other ships that have used another route close to the Omani shore.

Walmart cuts prices as Trump claims credit

Tue, 07/07/2026 - 08:31
Walmart has benefited in part from higher inflation under Trump, as consumers have turned to its stores and website in search of lower prices.

Forced-labor hearing paves way for more Trump tariffs

Tue, 07/07/2026 - 07:44
White House officials have made it clear that they plan to use the investigations to restore import taxes to levels in place under Trump’s emergency tariffs.

Service sector expanded at slower pace in June

Tue, 07/07/2026 - 07:18
Fourteen industries reported growth in the June ISM report, including transportation and warehousing. Four industries, including agriculture, contracted.

Toyota to shift some Tacoma output to Texas from Mexico

Mon, 07/06/2026 - 16:30
Toyota is moving some of the production of its popular Tacoma midsize truck from a plant in Mexico to San Antonio as part of a $3.6 billion investment in the facility.

Delta pilot reports firework hit plane above Chicago

Mon, 07/06/2026 - 15:45
 A Delta Air Lines flight and a high-flying firework reportedly came into contact in the sky above Chicago as the city celebrated the Fourth of July holiday.

Trump floats Sept. 24 date for Xi visit

Mon, 07/06/2026 - 15:00
President Trump said he expected to meet with Chinese counterpart Xi Jinping around Sept. 24, which would coincide with the UN General Assembly in New York.

SMBs optimistic for rest of 2026 in boon for trucking

Mon, 07/06/2026 - 14:41
Owners and decision-makers at SMBs are also optimistic about the prospects for the rest of 2026, a stance likely to extend the ongoing freight market recovery.

USPS overhauls logistics network as financial pressures mount

Mon, 07/06/2026 - 14:41
The Postal Service is revamping its logistics and transportation network to speed up service and cut costs, but the postmaster general says more funds are needed.

Maersk, Hapag-Lloyd signal Red Sea route return

Mon, 07/06/2026 - 14:16
Maersk and Hapag-Lloyd signaled confidence about resuming passage through the Red Sea, sending the container carriers’ shares down July 6.

Ocado CEO Tim Steiner to step down at start of fiscal 2028

Mon, 07/06/2026 - 13:57
Ocado Group CEO Tim Steiner will exit at the start of its 2028 fiscal year after a boardroom tussle at the British online grocery delivery firm.

Evergreen Marine searched in insider trading probe

Mon, 07/06/2026 - 13:40
Evergreen Marine confirmed authorities had searched its premises, adding that the company was fully cooperating with the investigation.

Port truckers still struggling in harsh market

Thu, 07/02/2026 - 16:48
The trucking companies serving the nation’s largest seaports are still struggling against harsh market conditions even as port volumes increased in May.

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