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Transportation policymakers on Capitol Hill finalized a comprehensive water infrastructure legislative package, paving the way for its end-of-the-year passage.

USDOT's Maritime Administration has awarded $4.85 million in grants to fund several marine highway projects including new cargo-handling equipment in Louisiana and Washington.

The company is shutting down its European operations simultaneously, and existing employees in Europe will have to reapply for new jobs.

Ideanomics, which owns technology used to charge electric buses and other commercial vehicles, has filed for bankruptcy.

A massive spruce tree that came to life in an Alaskan forest during former President Ronald Reagan’s White House days has arrived on a new flatbed trailer after a 4,293-mile journey to Washington, accompanied by two veteran truck drivers from Lynden Transport.   

Nippon Steel reiterated confidence that its $14.1 billion acquisition of U.S. Steel Corp. can be completed by year-end, even as the current and incoming presidents oppose the takeover.

Stellantis NV is working to rebuild trust with dealers, suppliers, unions and governments after a period of tension under former CEO Carlos Tavares.

President-elect Donald Trump tapped Peter Navarro as his senior counselor for trade and manufacturing, elevating him to a role similar to the one he played in the first Trump administration.

Liberty Energy CEO Chris Wright is President-elect Donald Trump's nominee to head the Department of Energy. He favors fossil fuels and has doubts about electric vehicles.

With OPEC+ set to make a pivotal decision on production policy, oil prices remain resolutely rangebound, even with a second Donald Trump presidency imminent.