Truck News

A U.S. deal for Russian diesel is too limited to meaningfully move prices at the pumps ahead of November’s midterm elections, analysts say.

Mexican President Claudia Sheinbaum said she’s addressing Trump administration concerns about the U.S. trade deficit with its neighbor by buying more American goods. 

The Institute for the Study of War said Iran appears to be targeting commercial vessels conducting ship-to-ship oil transfers in and near the Strait of Hormuz.

Ryder opened used commercial vehicle sales facilities in Newark and North Bergen, N.J., expanding customer access to its inventory in the New York-area freight market.

STG Logistics named Jack Holmes CEO as the company shifts its focus to growth after a financial restructuring that reduced its funded debt by nearly $1 billion.

The move aims to restore biofuels demand for farmers after recent exemptions, while shifting compliance costs to refiners that did not receive breaks.

Brent crude oil, the international standard, fell 0.7% to $105.91 a barrel. That is still higher than the roughly $72 per barrel in late February before the Iran war.

Production downtime affected Jeep models including the Grand Cherokee and Compass in the July-September period, though it was partially compensated for by a stronger Ram performance.

Lisle, Ill.-based International sold 19,900 vehicles in the most recent quarter, compared with 13,400 trucks and buses in the year-ago period.

Kroger has approximately 8,200 corporate employees, making this round of cuts one of the biggest in the company’s 143-year history.