Truck News
Oil prices swing on 2 tanker attacks in Strait of Hormuz
Brent crude, the international standard, rises 0.4% to $87.46. The average price of gas rose again overnight to $4.08, according to motor club AAA.
August 14, 2026U.S. oil companies cut capital spending in shale basins
Chevron and ConocoPhillips cut capital expenditure in the Lower 48 by 10% in the first six months of the year while Occidental Petroleum cut spending in the Permian Basin by 20% in that period.
August 14, 2026NTDC narrows 2026 field to 45 finalists
The annual event traces its roots to 1937 and draws drivers who have maintained accident-free records in pursuit of a national title.
August 14, 2026Tyson to close more beef plants as cattle shortage drags on
The country’s largest meatpacker said it would cease operations at an Illinois beef plant and a Utah case-ready facility, while also pursuing the sale of another beef plant in Washington.
August 14, 2026Retail sales unexpectedly fall in July as tax refunds fade
Retail sales slipped 0.6% last month, the biggest drop since May 2025, from a revised gain of 0.2% in June, according to Commerce Department data released Aug. 14.
August 14, 2026Volkswagen to reduce majority stake in truck maker Traton
VW holds an 87.5% stake in Traton. Its goal is to bring down the Traton holding to 75% plus one share to retain control.
August 14, 2026Rhode Island, Utah tighten limits on non-domiciled CDLs
Losses of foreign truck drivers could exceed a federal projection of 200,000 as more states restrict non-domiciled licenses.
August 13, 2026Trade court upholds Trump suspension of de minimis exemption
Trump’s suspension of the carve-out had led to more than $1 billion in duty payments by the end of 2025, according to Customs and Border Protection.
August 13, 2026Trump trade enforcers deploy AI in tariff evasion crackdown
In a report released Aug. 13, the White House Office of Trade and Manufacturing Policy accused dozens of countries of being part of China’s “shadow transshipment network.”
August 13, 2026Werner CEO: ELD purge to bring further capacity constraints
Federal enforcement focusing on noncompliant ELDs will contribute to further capacity tightening in the truckload segment, says Werner CEO Derek Leathers.
August 13, 2026