Brent crude fell 0.6% to $105.26 per barrel. Oil prices continued to stay elevated as global oil supply remains under pressure without a deal between the U.S. and Iran to end the Iran war.

The NRF Annual Holiday Forecast found that retail sales are expected to grow 4.2% year over year in November and December. 

Autonomous truck software developers received a boost from the FMCSA, which OK’d the use of beacons rather than warning triangles for five years.

At events in Ohio and North Carolina, industry representatives sought support for legislation addressing lawsuit abuse, truck parking and accident fraud.

A slew of economic data Oct. 15 showed that inflation accelerated last month as more expensive oil and gas began to lift prices in other parts of the economy.

The Department of Transportation announced Oct. 14 that $200 million will be invested in truck parking in 12 states, including Iowa, Wisconsin and Georgia.

The attorneys general argue to the Federal Energy Regulatory Commission that a broader environmental review could complicate similar projects across the country.

ATA announced Colson’s appointment on Oct. 15, just days before the trade group will convene its 2026 Management Conference & Exhibition in Charlotte, N.C.

The trucks are transporting food, beverages and consumer goods, among other freight categories. Texas-based Warrior has a fleet of more than 200 trucks.

The IEA said that members agreed to complete the release of 100 million barrels of oil that are still outstanding from an intervention in March aimed at calming global markets.

The Labor Department’s producer price index — which captures inflation before it reaches consumers — soared 6.3% in September from a year ago, the biggest increase since December 2022.

Brent crude declined more than 1% to $104.91 per barrel. Tensions and uncertainties surrounding global oil supply and the situation in the Middle East dragged on. 

Motown Acquisition, an entity jointly owned by Penske and Mitsui & Co., will acquire the dealer group for $212 a share, an 8.8% premium over the stock’s prior closing price.

The issue drew renewed attention in September when Congress released a report that examined ways to reduce excessive truck detention times.

A cargo ship sank in the Strait of Hormuz after a strike that sparked a fire and the evacuation of crew members, the Maritime and Port Authority of Singapore said.

The waiver, however, applies only to older engines. EPA warned that the fuel can damage newer trucks equipped with modern emissions systems.

Ontario Premier Doug Ford said Canada must prepare for the possibility that U.S. trade protectionism will last well beyond President Donald Trump’s administration.

VTNA unveiled the next-generation Volvo VNX, its third new heavy-duty model launch in as many years and a move toward expanding its presence in the vocational market.

Abu Dhabi raised total oil production, including condensates, by 400,000 barrels a day to 5.3 million, the IEA said in a monthly report. 

The Green Chile pipeline, which will transport about 400 million cubic feet per day of natural gas, has already been delayed to February 2027.