Truck News

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.

Brent crude gained 0.1% to $105.77 a barrel. Gas prices averaged $4.33 per gallon on Oct. 14, according to AAA, up slightly from a month ago.

The agency's report on Oct. 14 said that global oil demand is predicted to drop 2.5 million barrels a day year-over-year in the fourth quarter and fall 2.6 million barrels a day on average this year.

The consumer price index rose 3.7% in September compared with a year ago, the Labor Department said Oct. 14, up from 3.4% in August. 

Mexican production of heavy-duty trucks slowed in September compared with August but again outstripped manufacturing in the year-ago period by a wide margin.