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Updated: 1 hour 35 min ago

Stellantis Recalls Over 1 Million Jeeps Due to Fire Risk

Tue, 06/09/2026 - 10:32
The issue stems from potential overheating in wiring for the electric hydraulic power steering pump in certain Jeep Wrangler and Gladiator vehicles, according to NHTSA.

U.S. Trade Gap Narrows as Oil Exports Offset AI Imports

Tue, 06/09/2026 - 10:01
The gap in goods and services trade shrank 1.2% in April from the prior month to $55.9 billion, Commerce Department data showed June 9.

Michigan, Canada Plan Opening of Gordie Howe Bridge

Tue, 06/09/2026 - 09:11
The June 12 event with representatives from both countries will mark the completion of the Gordie Howe International Bridge over the Detroit River. The bridge will open for traffic on June 15. 

BP CEO Shakes Up Structure in Push Back to Oil and Gas

Tue, 06/09/2026 - 08:42
From July 1, Gordon Birrell will be executive vice president of upstream, while Richard Harding will take on the same role — in an interim basis — for downstream.

Administration Disputes Who Gets to Apply for Tariff Refunds

Tue, 06/09/2026 - 07:43
A U.S. Customs and Border Protection agency official is set to testify in federal court about the government's plans for refunding billions of dollars that importers paid before the Supreme Court struck down Trump's tariffs.

U.S. Airlines Spent $6.5B on Jet Fuel in April, Up 78%

Tue, 06/09/2026 - 07:20
The International Air Transport Association released a report on June 7 saying it now expects airlines worldwide to earn a combined $23 billion in net profit in 2026, down from $45 billion in 2025.

Oil Prices Head Downward After a Day of Increases

Tue, 06/09/2026 - 07:02
Oil prices fell back from gains on June 8. The price for a barrel of Brent crude oil, the international standard, fell $1.25 to $93 per barrel.

Hub Group CFO, COO Exit as Firm Lines Up September Refilings

Mon, 06/08/2026 - 16:54
Two longtime Hub Group executives exited their leadership roles as the firm works to rectify accounting errors that will see it refile a series of earnings.

Amazon Sells C$14 Billion in Bonds, Sets Canadian Record

Mon, 06/08/2026 - 16:30
Amazon sold C$14 billion in high-grade bonds, the largest corporate debt offering on record in the currency, after drawing about twice that amount in demand. 

First Brands Gets New Shot at Creditor Vote on Lawsuit Plan

Mon, 06/08/2026 - 16:00
Bankrupt auto parts maker First Brands can seek creditor approval for a revised bankruptcy payout plan as a judge weighs whether to shift the case to Chapter 7.

Senate Panel Sets Sights on Highway Bill

Mon, 06/08/2026 - 15:55
Chairwoman Shelley Moore Capito said the panel is crafting legislation aimed at improving safety and reliability across the nation’s transportation network.

Toyota RAV4s Are the Most Coveted Used Cars in America

Mon, 06/08/2026 - 13:10
Most cars lose value the moment they leave a dealer’s lot. The Toyota RAV4 hybrid gains it.

Kevin Knight Steps Down as Knight-Swift Executive Chairman

Mon, 06/08/2026 - 12:46
The Plain City, Utah, native was CEO of Knight Transportation from 1994 to 2014. He was one of four founders of Knight Transportation in 1990.

Oil Supertanker Orders Eclipse Record Set in 2008

Mon, 06/08/2026 - 12:12
There are currently 262 supertankers, each capable of hauling 2 million barrels of crude oil, on order at shipyards around the world.

G7 to Seek Trump’s Approval of Hormuz Demining Mission

Mon, 06/08/2026 - 11:49
The plan would have American allies deploy assets to the strait within days of a peace deal between the U.S. and Iran.

OPEC+ Agrees to Another Symbolic Quota Increase for July

Mon, 06/08/2026 - 10:42
With the Strait of Hormuz largely closed by the Iran war and Middle East producers forced to cut output, the OPEC+ decision remains theoretical for the time being.

Texas Gas Drillers Shut Out of Oil Price Rally Shut Off Wells

Mon, 06/08/2026 - 10:18
“We’re losing money hand over fist on gas,” Elevation CEO Steve Pruett said in an interview. “Gas is half our product, so it’s really maddening.” 

2 More Screwworm Infections Found in Texas

Mon, 06/08/2026 - 09:52
The USDA and the U.S. cattle industry have been racing to prevent an infestation since the pest was detected in Mexico late in 2024 after decades of being contained.

Ohio Revokes CDLs for 1,200 Foreign Truckers

Mon, 06/08/2026 - 09:46
Ohio stopped issuing non-domiciled CDLs in September when Transportation Secretary Sean Duffy imposed a nationwide halt.

Mexico's Sheinbaum Unveils EV Prototype Backed by Government

Mon, 06/08/2026 - 09:28
Sheinbaum has touted Olinia as a zero-emissions option for urban mobility that could help Mexico develop domestic supply chains and launch a national brand.

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