Business

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.

Celadon Group has been authorized by a bankruptcy court to spend $1.2 million before Jan. 3, 2020, to maintain operations for Hope Mills, N.C.-based Taylor Express Inc. — the last of its operating units that is still in business — while it pursues a sale of the company.

The U.S. average retail price of diesel dropped 0.3 cent to $3.046 a gallon, the Department of Energy reported Dec. 16.

Amazon.com says FedEx Corp.’s delivery performance is slipping and will no longer let third-party merchants use the company’s ground delivery network for quick Prime shipments through the holidays.

Navistar Inc. has issued a safety recall for 12,539 International brand trucks that are at risk of unintended movement when the parking brake is in use.

Trucking and transportation leaders praised the news that the United States and China reached an agreement to stave off a round of tariffs just days before they were set to take effect Dec. 15.

The Truck Trailer Manufacturers Association has asked that an appeals court lift a suspension so the association can move forward with its lawsuit seeking to block a Phase 2 greenhouse gas rule provision that would for the first time regulate trailers.

Port of Oakland Executive Director Danny Wan has been a fixture at the port and City Hall for 20 years before being appointed to the top position at one of the nation’s busiest ports in November.