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Some of the world’s biggest oil traders are getting ready for the possible resurgence of a coronavirus-induced glut of crude and fuels, snapping up giant tankers for monthslong charters so that they can be ready to store excess barrels if necessary.

Tesla Inc. plans to ship cars made at its Shanghai factory to other countries in Asia and Europe, according to people familiar with the matter, shifting its strategy for the plant to largely focus on supplying the local market.

Six months after the coronavirus pandemic’s initial punch, signs of a second wave are already emerging in the oil market.

The American Transportation Research Institute has opened its annual survey asking trucking industry representatives to identify major industrywide issues.

Tax rates on diesel and gasoline will go up in New Jersey to offset declines in fuel consumption, which have been exacerbated by the coronavirus pandemic.

Amazon .com Inc. is buying 1,800 electric delivery vans from Daimler AG’s Mercedes-Benz, the retailer’s biggest commitment to date to cut the carbon footprint of its delivery operations in Europe.

Schneider said it will test the Freightliner eCascadia through 2021 to address potential challenges to widespread use of commercial battery-electric vehicles.

Hurricane Laura is poised to strengthen rapidly and come ashore along the Texas-Louisiana coast as a tree-snapping Category 3 storm, forcing residents to flee their homes despite the threat of COVID-19.

Back-to-back tropical storms pose a combined threat to the U.S. Gulf Coast this week, where more than half of offshore oil production is already shut and residents from Texas to Florida are warily watching the skies.

Valaris Plc became the latest casualty of the global slump in oil prices, filing for bankruptcy Aug. 19 as the world’s largest offshore rig owner by fleet size seeks to restructure a roughly $7 billion debt load.