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Chinese oil demand is all but back to levels last seen before Beijing imposed a national lockdown to fight the coronavirus outbreak, according to people with inside knowledge of the country’s energy industry.

U.S. stocks rose as traders looked past trade jitters and weak economic data. Treasuries fell. Oil jumped.

The slump at the nation’s ports continued in April as 20-foot-equivalent container (TEU) volumes were down, in some cases by double digits when compared with 2019.

The California Transportation Commission recently approved $17.4 billion to support about 900 projects outlined in the State Highway Operation and Protection Program.

Daimler AG is suspending production at a Mercedes-Benz SUV plant that was one of the first in the U.S. to reopen due to a shortage of parts supplied from Mexico.

Defying a wave of layoffs that has sent the U.S. job market into its worst catastrophe on record, at least one major industry is making a comeback: Tens of thousands of autoworkers are returning to factories that have been shuttered since mid-March due to fears of spreading the coronavirus.

Oil was near the highest in six weeks as major producers slash supply, and there are increasing signs that demand is recovering.

President Donald Trump’s nominees for senior posts at the U.S. Department of Transportation will be considered by the Senate Commerce Committee on May 20.

U.S. retail sales and factory output registered the steepest declines on record in April, illustrating a recession so deep that it likely will take years to fully recover.

The Federal Motor Carrier Safety Administration has denied a five-year exemption request by Department of Defense highly sensitive cargo carrier PTS Worldwide to split sleeper berth hours into segments of 4/6, 5/5 or 6/4 hours.