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The leader of the transportation policy committee in the U.S. Senate endorsed the Biden administration’s latest initiative to curb emissions through a comprehensive funding program.

Volvo Group reported first-quarter net income slipped and revenue increased amid what the company referred to as good economic activity, high transport volumes and solid construction activity while order backlogs are extended and lead times long.

The U.S. West Coast is importing gasoline at a near-record pace this month to help ease supply constraints amid eye-popping pump prices just ahead of the peak summer driving season.

The Biden administration continues to pursue initiatives meant to ease the impact of fuel prices on industries as congressional leaders finalize legislation to enhance supply chain connectivity.

Indiana motorists will be paying a total of 74.5 cents in taxes for each gallon of gasoline they purchase in May — the highest amount in Indiana history.

DETROIT — Tesla reported April 20 that its first-quarter net earnings were more than seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.

MONROE, Ga. — Opponents trying to derail a $5 billion, 7,500-job Rivian electric truck plant in Georgia dominated a state meeting April 18 that was meant to gather suggestions on how to design the plant to mitigate any impact on the environment.

Climate-friendly diesel produced from animal fats and cooking oils is suddenly a booming business as fossil-fuel giants such as Exxon Mobil Corp. and Chevron Corp. race to cut their emissions and take advantage of incentives.

Russia’s invasion of Ukraine has set off a global scramble for diesel, prompting buyers around the world to snap up massive volumes of fuel from the U.S. Gulf Coast despite high prices.

Plug Power Inc.’s bid to become a major supplier of carbon-free hydrogen just won the backing of one of the company’s oldest customers: Walmart Inc.