Business

FedEx Corp. reported lower-than-expected second-quarter fiscal year 2020 earnings Dec. 17, missing Wall Street analysts’ expectations.

Transportation Secretary Elaine Chao is launching an award for transportation industry representatives to incentivize increased awareness and prevention of human trafficking.

The board of Italian-American automaker Fiat Chrysler Automobiles NV approved a merger with PSA Group of France to create the world’s fourth-biggest auto manufacturer, people familiar with the situation said.

Funding for freight safety programs would be increased and infrastructure grants would receive $1 billion under fiscal 2020 legislation the U.S. House of Representatives advanced Dec. 17.

DETROIT — Ford Motor Co. is adding 3,000 jobs at two factories in the Detroit area and investing $1.45 billion to build new pickup trucks, SUVs, and electric and autonomous vehicles.

Amazon's logistics chief, Dave Clark, has transformed the retail giant's operations.

When Virginia Addicott became president and CEO of FedEx Custom Critical 12 years ago, not only was she the female head of a trucking company, she was also one of the few women at the table at Akron, Ohio-area civic leader meetings.

JEFFERSON CITY — An additional lane on Interstate 70 in O’Fallon, Mo., and a new roadway for a long-sought riverside development in St. Charles are on tap as part of an outlay of state and local transportation dollars announced Dec. 16.

Toyota Motor Corp. is forecasting sales of 10.77 million vehicles worldwide during 2020, nudging it closer to No. 1 automaker Volkswagen AG.

Navistar International Corp. reported lower net income and revenue in its fiscal year fourth quarter as the industry’s falling demand for heavy-duty trucks was amplified by other corporate factors, including very strong year-earlier chargeouts.