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The Treasury Department is expediting the formulation of scores of regulations that will carry out the $270 billion worth of energy tax incentives included in President Joe Biden’s signature climate and tax bill.

Michigan awarded incentives to two new battery projects — a local startup building a cell plant and a Chinese firm that may produce battery components — as Gov. Gretchen Whitmer seeks to secure future automotive jobs in the state.

President Joe Biden called plans by OPEC+ to cut output targets by 2 million barrels a day “unnecessary,” and the White House said more releases from U.S. petroleum reserves are possible.

The Commercial Vehicle Safety Alliance approved a new standard and procedure designed to govern inspections of autonomous commercial motor vehicles.

Drivers in Georgia and Florida are getting some price relief at the pump, as supply chain- and inflation-related fuel-tax holidays are being extended while both states grapple in their own ways with the aftermath of Hurricane Ian.

GXO Logistics Inc. has received unconditional regulatory clearance in the United Kingdom to acquire Clipper Logistics, the contract logistics provider announced Oct. 4.

CHICAGO — Since as early as 1848, some 12 years before the Civil War, Chicago has been a major center for transportation given its central location in the country, access to newly built railroad lines and the five Great Lakes. Now, more than 170 years later, millions of products pass through its massive transportation network for trucks, rail and air each day.

NEW YORK — Micron, one of the world’s largest microchip manufacturers, is expected to open a semiconductor plant in New York, promising an investment of up to $100 billion and a plant that could bring 50,000 jobs to the state, the Senate majority leader says.

California is among the leaders pushing for wider adoption of zero-emission commercial vehicles, but the state is confronting the dual challenges of resolving a shortage of truck parking and the need to build charging infrastructure accessible to tractor-trailers.

Nikola Corp. founder Trevor Milton said he wouldn’t take the witness stand in his criminal fraud trial, as the defense prepares to rest its case.