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Virginia Gov. Glenn Youngkin said that a Belgium-based international logistics provider’s subsidiary is expanding its footprint in the state at its Norfolk facility.

Capitol Agenda: The Department of Transportation’s Freight Logistics Optimization Works program will unite public and private stakeholders to enable a more resilient freight network. 

The Biden administration may not be able to take full advantage of the recent drop in oil prices as it seeks to refill its depleted crude oil reserve, an Energy Department official said Dec. 4.

The Biden administration on Dec. 2 issued a final rule aimed at reducing methane emissions, targeting the U.S. oil and natural gas industry for its role in global warming.

BMW is recalling a small number of SUVs in the U.S. because the driver’s air bag inflators can blow apart in a crash, hurling metal shrapnel and endangering people in the vehicles.

A six-week United Auto Workers strike at Ford cut sales by about 100,000 vehicles for the year and cost the company $1.7 billion in lost profits, the automaker said Nov. 30.

NanoGraf, a startup specializing in high-performance batteries made using silicon, is close to starting operations at a facility near Chicago’s central business district.

The departments of Treasury and Energy proposed new rules Dec. 1 that could make it harder for electric vehicles to qualify for a full $7,500 federal tax credit.

The OPEC oil cartel led by Saudi Arabia and allied producers including Russia made another big swipe at propping up lagging crude prices Nov. 30, expanding some output cuts into next year.