Business

Battered by trade wars, global demand for air cargo decreased by 3.5% in October compared with the same month in 2018, according to a Dec. 4 report by the International Air Transport Association of Geneva.

European Union trade chief Phil Hogan on Dec. 12 will seek an upgrade to EU legislation on enforcing international commercial rules.

Motor carriers that typically purchase new trucks sometimes find themselves in situations where it is expedient to buy used trucks.

NEW YORK — Exxon Mobil won Dec. 10 in a closely watched lawsuit over the costs of climate change, with a judge saying there was no proof the energy giant duped investors about the toll that regulations could take on its business.

WASHINGTON — Higher energy prices lifted U.S. overall consumer prices in November.

A new report by the Environmental Protection Agency Inspector General determined that former agency Administrator Scott Pruitt failed to follow legal and public health safeguards in 2017 when he proposed to repeal an Obama-era regulation limiting the number of glider trucks that could be manufactured annually.

RIYADH, Saudi Arabia — Saudi Arabia’s oil company Aramco gained 10% in its first moments on the stock market Dec. 11 in a dramatic debut that held until closing and pushed its value up to $1.88 trillion, surpassing Apple as the largest listed company in the world.

The U.S. Department of Transportation is seeking to improve the way it proceeds with rulemaking, guidance and enforcement by structuring a series of reforms.

A new analysis by Barclays Capital of about 2.4 billion taxi and ride-hailing trips in New York City addresses the biggest question investors have about Uber Technologies Inc. and Lyft Inc. When will they turn a profit?

Governor Phil Murphy’s administration approved $500 million of borrowing without legislative or voter approval to help cash-strapped New Jersey Transit replace decrepit commuter buses and trains.