Logistics News

Klaus-Michael Kuehne broadened the company's  global reach through acquisitions. Under his leadership, the firm grew over decades into a global transport behemoth with more than 1,300 offices worldwide.

The price for a barrel of Brent crude oil fell 2% to $90.78.

Canadian leader Mark Carney said he will prepare a domestic aid package to help businesses hurt by U.S. tariffs, and is designing those measures to ride out the balance of Trump’s term if necessary.

The picture of equipment acquisition for private carriers has been mixed in 2026, with fleets in industries like agriculture expanding while others stagnate.

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.

Brent crude, the international standard, rose 0.7% to $94.46 a barrel. It was trading at roughly $72 per barrel before the start of the war. 

American Trucking Associations President and CEO Chris Spear has left the federation, ATA Chairman Greg Hodgen announced Aug. 21.

With sparse details, Trump announced that the U.S. would be imposing an “unprecedented” level of economic warfare and isolation on Iran, aiming to force its leadership to fully reopen the Strait of Hormuz.

The shuttling tankers have helped the OPEC producer sustain flows and keep global markets supplied, emulating a similar move by the UAE to transport oil out of the Persian Gulf through the Strait of Hormuz.

Brent crude, the international standard, surged 1.8% to $93.24 a barrel. It was trading at roughly $72 per barrel before the war.