July 13, 2026 9:10 am, EDT Electric van assembly at the Volkswagen plant in Hanover, Germany. (Kriztian Bocci/Bloomberg) key takeaways: Volkswagen CEO Oliver Blume outlined plans to cut an additional 50,000 jobs globally as part of broader cost cuts. The move reflects pressure from nearly 20% higher overheads at rivals and weak demand in China
Three boys play in the shallow waters of the Strait of Hormuz near Bandar Abbas, Iran, on July 13, as a plume of smoke rises from an explosion in the background. (Razieh Paudat/ISNA via AP) July 13, 2026 7:53 am, EDT | Update: July 13, 2026 11:26 am, EDT key takeaways: Oil prices surged and
(Luke Sherratt/Bloomberg) July 13, 2026 10:18 am, EDT key takeaways: The UAE told OPEC it increased crude oil output by about 3.8 million barrels per day in June, an 80% increase since leaving the group. The increase reflects Abu Dhabi’s exit from OPEC limits and the ability to resume exports despite the disruption of the
A 2026 Ram 1500 pickup truck. (Seongjoon Cho/Bloomberg) July 13, 2026 9:39 am, EDT key takeaways: Stellantis reported on July 13 that shipments rose 10% to nearly 1.6 million vehicles in the second quarter due to strong growth in North America. The growth was boosted by a 38% increase in North American shipments and a
A woman stands on the water’s edge along the Strait of Hormuz as a plume of smoke rises in the background after an explosion near Bandar Abbas, Iran, on July 13. (Razieh Paudat/ISNA via AP) July 13, 2026 8:27 am, EDT key takeaways: The United States and Iran exchanged attacks on July 13, while both
Trucking and logistics leaders said even brokers who have prioritized compliance and security may face a more difficult operating environment. (Mark Schiefelbein/Associated Press) July 11, 2026 at 7:00 am EDT key takeaways: The U.S. Supreme Court’s Montgomery v. Carib Transport II decision has increased scrutiny on carrier selection and risk management for freight brokers and
The Supreme Court’s recent Montgomery v. Carib Transport II decision primarily brings broader legal attention to broker liability in all jurisdictions. (Transportation topic) July 11, 2026 at 7:00 am EDT key takeaways: The U.S. Supreme Court ruled on May 14 in Montgomery v. Carib Transport II that negligent hiring claims against brokers are not waived,
Over the past year, enforcement has settled into a steady pattern. (AI image by Transportation Topics) July 11, 2026 at 7:00 am EDT key takeaways: An ATA executive said federal enforcement of the English-language proficiency rule could sidestep about 2,000 drivers per month through June 2025. Enforcement resumed after a 2016 guidance document allowed many
Despite the optimistic outlook for the second half of 2026, global markets will remain uncertain, Traton says. (Traton Group) July 10, 2026 3:22 pm, EDT key takeaways: International sold 16,200 trucks and buses in the second quarter, down 8% year over year and up 21% from the first quarter. North American Class 8 orders reached
Washington County Road Department in 2022 Washington County, Conn. The U.S. is building an emergency dam to prevent an oil spill after the Keystone Pipeline ruptures in Mill Creek. (Kyle Bauer/KCLY/KFRM Radio via Associated Press) July 10, 2026 3:25 pm, EDT key takeaways: Trump Administration, Kansas and South Bow settle alleged Clean Water Act violations