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Canada’s trade surplus with the U.S. helped avoid a deeper deficit, underscoring the importance of its biggest trading partner as President-elect Donald Trump threatens hefty tariffs.

FRANKFURT, Germany — Eight members of OPEC+ decided Dec. 5 to put off increasing oil production as they face weaker than expected demand and competing production from non-allied countries.

Operators of East and Gulf Coast port terminals said they won’t continue bargaining with union dockworkers if it means giving up their right to invest in semi-automated cargo handling equipment.

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.