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The proposal would require approval from state lawmakers, who are set to negotiate the broader California budget ahead of a July deadline. California is the biggest EV market in the country.

Murfreesboro, Tenn.-based Store Opening Solutions specializes in retail fixture, furniture and equipment inventory. It will become part of the Koch Logistics division.

“I didn’t like Exxon’s response,” Trump said to reporters on Air Force One as he departed West Palm Beach, Fla., on Jan. 11. “They’re playing too cute.”

QXO Inc. is raising another $1.8 billion from investors, boosting QXO’s total financing to $3 billion and will support the company’s acquisition strategy, according to a statement Jan. 12.

DSV said in October it was working on selling USA Truck, which did not fit its vision for asset-light North American on-road operations. USA Truck CEO George Henry will continue in the role.

Drivers for Lyft and Uber protested self-driving Waymo taxis in San Francisco on Jan. 9, urging state regulators to exercise greater oversight of autonomous vehicles.

President Donald Trump called on oil executives to rush back into Venezuela as the White House looks to quickly secure $100 billion in investments to revive the country's petroleum reserves.

EquipmentShare.com Inc. and Motive Technologies are set to begin formal marketing for their initial public offerings as soon as next week, according to people familiar with the matter.

The freight market outlook is underwhelming, with marginal rate increases unlikely to cover the ongoing rise in carriers’ costs, according to FTR Transportation Intelligence analysts.

Bankrupt auto parts maker First Brands Group has sued Edward James — its former executive and the brother of company founder Patrick James — and its largest creditor Onset Financial.