Oil Extends Gain Near Three-Month High as US Stockpiles Shrink
Oil rose for a fifth session, the longest run of gains since July, as a bigger-than-forecast decline in U.S. crude stockpiles eased oversupply concerns.
December 30, 2019Turkish Leader Unveils Prototypes of Electric Car
ANKARA, Turkey — Turkish President Recep Tayyip Erdogan on Dec. 27 unveiled prototypes of a domestically produced electric car, putting him closer to fulfilling a long-held dream of building Turkey’s first “national” automobile.
December 27, 2019Volkswagen Raises Forecast for Electric Car Production
FRANKFURT, Germany — Automaker Volkswagen is accelerating its move into battery-powered cars, saying it will reach its goal of 1 million electric cars per year two years earlier than planned.
December 27, 2019FMCSA Increases Random Drug Test Rate to 50% for 2020
The Federal Motor Carrier Safety Administration is increasing the minimum annual percentage rate for random controlled substances testing for truck drivers.
December 27, 2019West Coast Ports Slump While East Coast Facilities Weather Tariffs
Several of the nation’s most prominent ports felt the impact of the trade war between the United States and China as 2019 comes to a close, just as the Trump administration struck an initial trade agreement with China that is due to be signed sometime in 2020.
December 27, 2019Rust Belt Region Banks on Becoming Hub for Electric Vehicles
The day Youngstown’s steel mills began shutting down 40 years ago remains fresh in the minds of those who live in the blue-collar corner of Ohio. Community leaders don’t want the recent closing of General Motors’ massive assembly plant to leave that same lingering gloom.
December 27, 2019Drones Need Tracking Network for Expanded Flights, FAA Says
All but the smallest civilian drones would have to broadcast radio tracking data to ensure greater safety and prevent terrorism under a sweeping proposal unveiled by U.S. regulators Dec. 26.
December 27, 2019NYC Creeps Ahead on Congestion Fees, Raising Doubts on Deadline
Tolls on motorists entering midtown Manhattan promise to alter everyday life for millions of people in the most populous U.S. city. Yet with the fees slated to begin in a year, the panel empowered to set pricing and other policies has yet to be created.
December 27, 2019Diesel Dips 0.5¢ to $3.041 Per Gallon; Oil Price Creeps Higher
The U.S. average retail price of diesel dipped 0.5 cent to $3.041 a gallon, the Department of Energy reported Dec. 23.
December 23, 2019BMW Contacted by SEC Over US Sales Reporting Practices
BMW AG is being scrutinized by the U.S. Securities and Exchange Commission over its sales reporting practices, months after the regulator extracted a penalty from Fiat Chrysler Automobiles NV over similar issues.
December 23, 2019