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Oil was the biggest loser in a broad market selloff after OPEC+ agreed to boost crude supply as a resurgent virus shook investor confidence in the global economic recovery.

Braking and air suspension systems provider Haldex reported positive net income and a 30% gain in revenue for the second quarter, ended June 30.

Senate Republicans in bipartisan talks on a $579 billion infrastructure deal are warning Majority Leader Chuck Schumer (D-N.Y.) that if he goes through with a July 21 vote to start debate on the plan he won’t have their support and his attempt to enforce a deadline will fail.

Wisconsin officials recently announced the distribution of $160.2 million in financial assistance for transportation purposes to municipalities across the state.

If you build it, they will come. At least that’s what the state of Indiana and its utilities are hoping for when it comes to charging stations and electric vehicles.

The transportation safety technology company EROAD said it entered into a conditional agreement to acquire Coretex Limited.

Chevron U.S.A. Inc., through its Chevron Products Co. division, and Cummins Inc. announced a memorandum of understanding to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources.

General Motors announced its Ultium Charge 360 fleet-charging service, a comprehensive approach designed to help make the switch to electric seamless for fleet customers by connecting them with services, features and resources.

Uber Technologies Inc. is accelerating its Uber Eats on-demand grocery delivery service in the U.S., more than doubling the cities where it’s available and partnering with a major grocer as the pandemic-fueled delivery competition heats up.

Yokohama Tire Corp. President Jeff Barna announced two executive management changes.