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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.

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

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.

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.

DETROIT — The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in Q4.

Werner attorney Thomas Wright told the court that driver Shiraz Ali could not have foreseen that a pickup truck would suddenly cross an icy divided highway and strike the carrier’s truck.

Even more snow could be on the way for places in the Great Lakes region that are still digging out after days of storms caused deadly wrecks and buried some towns under nearly 6 feet of snow.

Small businesses are bracing for stiff tariffs that President-elect Donald Trump has proposed as one of his first actions when he takes office.