Tesla is attempting to facilitate demand by offering low-cost charging equipment on an industrial scale to carriers.
May 8, 2026Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Hormuz 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, 2026Food Prices Rise to Highest in 3 Years on Iran War Costs
The increase in the gauge — which tracks grains, sugar, meat, dairy and vegetable oil costs — marks the third consecutive month of gains.
May 8, 2026Federal Court Finds Trump's 10% Global Tariffs Illegal
A split three-judge panel of the Court of International Trade in New York found the 10% global tariffs were illegal after small businesses sued.
May 8, 2026Lyft Projects Strong Q2 as Premium Services Expand
Lyft forecast second-quarter results that beat Wall Street estimates, as the ride-sharing company expands internationally and adds higher-end offerings.
May 7, 2026Americold, EQT Form $1.3 Billion Cold Storage Venture
The transaction will give EQT a 70% interest in the North American venture, with Americold retaining the remaining 30%, the companies said May 7.
May 7, 2026US States Have Revoked 28,000 Non-Domiciled CDLs
Transportation Secretary Sean Duffy highlighted the revoked non-domiciled CDLs among a list of one-year accomplishments to support the trucking industry.
May 7, 2026RXO Boss Optimistic About Supply-Side Recovery
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.
May 7, 2026
