Even if movement is restored, “the vase has been broken. You can’t glue it back together,” chief Fatih Birol said.
May 11, 2026Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Oil Market in ‘Race Against Time’ on Hormuz
Morgan Stanley says a closure into late June "is the regime in which Brent flat price has to do work it has so far been able to avoid,” referring to futures.
May 11, 2026Aramco Posts 25% Profit Jump After Shifting From Hormuz
Aramco's East-West Pipeline across Saudi Arabia to the Red Sea is operating at its maximum capacity of 7 million barrels of oil a day.
May 11, 2026AI Provides a Predictive Edge for Fleet Maintenance
Artificial intelligence is driving tangible improvements in fleet maintenance operations, including predicting parts failures and analyzing performance data.
May 11, 2026Tesla Sees ‘Many Thousands’ of Semis Being Built in 2026
Tesla is attempting to facilitate demand by offering low-cost charging equipment on an industrial scale to carriers.
May 8, 2026Tesla Recalls Some Cybertrucks for Wheel Issue
Tesla is also recalling more than 200,000 Model Y, Model S Model X and Model 3 vehicles because of a software issue that renders the rearview camera inoperable.
May 8, 2026Hormuz Transits Halted Since May 5 as US, Iran Clash
Tehran has tightened its grip on the waterway, requiring shipowners to submit detailed information to its Persian Gulf Strait Authority.
May 8, 2026Oil Prices Back Over $100 as Hormuz Remains Closed
Brent crude rose 1.8% to $101.80 per barrel after drifting between small gains and losses earlier in the morning.
May 8, 2026Uber-Backed Electric Scooter Rental Firm Lime Files for IPO
Lime has expanded aggressively in recent years, launching in more than 20 cities including Tokyo and Athens.
May 8, 2026Amplify Battery Cell Manufacturing JV Faces More Delays
Amplify Cell Technologies’ planned battery cell production facility in Mississippi is facing more delays, one of the joint venture’s shareholders said May 6.
May 8, 2026
