Business

WASHINGTON — Transportation Secretary Elaine Chao challenged industry leaders to commit to combating human trafficking through workforce training and by raising awareness of the issue.

Union Pacific Corp.’s 2019 fourth-quarter earnings missed Wall Street expectations, the Class I railroad reported Jan. 24.

While revenue and profits dipped in the fourth quarter, Paccar Inc. extended its streak of annual profitability to 81 consecutive years in 2019 as it posted records for net income and revenue.

Public buses have been ordered off the roads in Tangshan, the biggest center for steelmaking in the world’s top producer.

One month after the International Maritime Organization’s mandate prohibiting the use of heavily polluting bunker fuel in cargo and cruise ships began, oil industry analysts said the diesel fuel market is stable.

The race for first place in hands-free driving will intensify later this year when General Motors Co. begins selling an advanced version of its Super Cruise system.

BorgWarner Inc. agreed to acquire Delphi Technologies for about $1.5 billion in an all-stock deal that unites two auto suppliers positioning for the industry’s transformational shift to hybrid and electric vehicles.

Orders to U.S. factories for big-ticket manufactured goods rose in December as a big jump in demand for military aircraft offset a sharp decline in commercial aircraft that reflected Boeing’s continued problems with its 737 Max.

Oil traded near the lowest close since mid-October as the market was dominated by alarm that the deadly coronavirus will hurt economic activity in China and beyond.