Brent crude, the international standard, lost 2% to $100.24 a barrel.

Trump announced the action Oct. 2 on social media without offering details on which countries were releasing reserves or at what volumes.

“We see our mission, we see our efforts, being completely aligned with the good actors in our industry,” FMCSA Deputy Administrator Jesse Elison said.

The release, being coordinated by the International Energy Agency, will take place over the next four months, French President Emmanuel Macron said.

A bipartisan bill aimed at boosting U.S. biodiesel production was introduced Sept. 30, with supporters arguing it would provide stability for smaller producers.

The automaker delivered 486,532 vehicles worldwide in the third quarter. That compared with 463,761 expected on average in analyst estimates compiled by Bloomberg.

Hiring dropped from a revised 133,000 in August, the Labor Department reported. The unemployment rose to a still-low 4.2% from 4.1% in August.

The ruling followed Commerce findings of dumping and subsidies, with Mexico supplying most trailer imports from China, Canada and Mexico during 2023-25.

Toyota and Hyundai are pulling closer to Detroit’s marquee automakers in the U.S. auto market, boosted by demand for gas-electric hybrids and affordable vehicles.

An air traffic controller didn’t provide an Amazon.com Inc. cargo plane with wind information prior to it crashing at Miami International Airport in September.

Daimler Truck North America is pressing the EPA to finalize its proposed revisions to the nitrogen oxide-emissions rule for model-year 2027 engines.

Cargo theft, a long-standing industry challenge, has become increasingly fraud-driven as criminals adopt new technologies and tactics.

The company likely delivered around 463,761 vehicles worldwide in the last three months, according to analysts’ estimates compiled by Bloomberg, down about 7% from a year earlier.

Designating the pipeline effectively deems it approved and shifts the regulatory process toward setting conditions around its construction. 

Trimble continues to weigh a possible sale of its transportation technology business after potential buyers approached the company with acquisition interest.

Europe has moved more slowly than the U.S. to draw down emergency oil reserves in response to war-driven turmoil in global markets, leaving the region with significant supplies still available. 

The high gas prices took center stage in Ohio on Sept. 30, as lawmakers passed a 90-day state gas tax holiday with broad bipartisan support.

Keith Sonderling, who was confirmed 47-41, has been the acting secretary since April and has served in multiple roles within the department over the course of his career. 

Oil prices have been swinging wildly in recent months amid uncertainty about when the war with Iran will allow the flow of crude to be fully restored. Brent crude rose 2.1% to $100.10 a barrel.

The Trump administration faced skeptical questions from a U.S. trade court about the legal foundation underpinning President Trump’s latest round of global tariffs.