Truck News
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Goldman says Brent may top $120 if Hormuz disruptions persist
At present, Goldman sees Brent at $80 a barrel in the fourth quarter, and $75 next year, predicated on a de-escalation of tensions in the Middle East.
July 21, 2026Trump orders 50% tariffs on some Canadian goods
The new tariffs will take effect in 30 days, according to a senior administration official who briefed reporters July 20 on the decision.
July 20, 2026California DMV orders 11,000 drivers to retake tests
The state “identified irregularities in certain driver knowledge test results that may indicate instances of cheating," a spokesperson told Transport Topics.
July 20, 2026ADM names Syngenta head Jeff Rowe as COO
ADM is beefing up its management as it expects clearer U.S. biofuels policy and renewed soybean trade with China to improve the farm economy.
July 20, 2026Thousands of trucks haul Iraq’s oil through Syria
In just months, Syria has gone from shipping none of the fuel to making up more than a quarter of Middle Eastern volumes.
July 20, 2026Oil prices steady as U.S.-Iran conflict escalates
Brent crude, the international standard, rose 0.9% to $88.90 per barrel, much higher than prewar levels.
July 20, 2026Class 8 truck sales end year of declines with slight bump
U.S. Class 8 retail sales came in slightly above the previous year in June after a yearlong stretch of declines.
July 20, 2026Trailer orders slowly catch up to seasonality in June
ACT Research reported preliminary net data showed orders decreased 9% to 13,500 units. They were also 35% below what was reported for May.
July 20, 2026Shipowners offer huge bonuses to get crews to sail Hormuz
The offer highlights mounting risks in the Strait of Hormuz after 59 commercial ships were attacked and 17 seafarers died.
July 20, 2026Fuel Costs Are Squeezing Fleets
Diesel is having its worst year in a decade. Early 2026 brought a supply shock tied to conflict in the Middle East, and prices jumped more than 40% in under two months. By spring, national averages were running $3.78 to $3.81 a gallon...
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