Business

President Obama signed a jobs bill into law Thursday that will give a $20 billion infusion to highway and transit programs, following the Senate’s approval of the measure in a 68-29 bipartisan vote Wednesday, the Associated Press reported.

Surface trade among the United States, Canada and Mexico fell by 23.3% in 2009 compared with 2008, the Department of Transportation said.

Truck and engine manufacturer Navistar Inc. said Thursday it has received its first Environmental Protection Agency certification for one of its 2010 engines and expects certification for the rest in the coming “days and weeks.”

An index of leading economic indicators improved slightly in February, marking the 11th straight increase, the New York-based Conference Board said Thursday.

Manufacturing levels in the Philadelphia expanded in March at the fastest pace so far this year, the Federal Reserve Bank of Philadelphia said Thursday.

The consumer price index was unchanged in February, the Labor Department said Thursday.

Initial jobless claims fell by 5,000 last week, the Labor Department said Thursday.

FedEx Corp. said Thursday its fiscal third-quarter profit and revenue increased from a year ago, citing an improving global economy.

I’ve just returned from my third trip to China in the past five years and continue to be amazed by — and envious of — the high-growth economy there.

Swift Transportation Co. has ordered 3,100 dry van trailers from Wabash National Corp., with deliveries scheduled to be spread over 12 months, the companies said.