Truck News

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 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.

Brent crude declined 1.2% to $104.78 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 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.

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