���ϳԹ���

FedEx Corp. ramped up staff pay boosts and corporate investments arising from the December passage of the U.S. Tax Cuts and Jobs Act, saying it would spend more than $3.2 billion to increase employee compensation, bulk up the company’s pension plan and invest in several of its hubs.

WASHINGTON—Mayors and ambassadors expressed an earnest desire to modernize — and not abandon — the North American Free Trade Agreement during a meeting here, citing the pact as a vital source of jobs and commerce.

President Donald Trump’s signature legislative goal for 2018, a long-term infrastructure funding proposal, is likely to bring feuding Republicans and Democrats together to the negotiating table following a bruising immigration debate that resulted in a mini-shutdown of the federal government.

The U.S. economy expanded at a slower-than-projected pace in the fourth quarter on drags from trade and inventories, offsetting strength in consumer spending and business investment that signals solid momentum entering 2018.

WASHINGTON— Mayors have expressed concern over the future of federal funding programs with regard to how the White House plans to fund the $1 trillion infrastructure investment it hopes to reap over the next 10 years.

Compliance with a federal mandate to use electronic logging devices to record driver hours of service is on the rise, but the rollout is causing challenges for some carriers and drivers.

WASHINGTON — The adoption of advanced autonomous and connected vehicle applications will not disrupt the employment landscape for commercial drivers in the next few years, Michigan Gov. Rick Snyder (R) told automotive executives Jan. 25.

A second federal safety agency has opened an investigation of an accident in which a Tesla car on “Autopilot” rammed into a parked fire truck.

Prime Minister Justin Trudeau is preparing for the possibility the U.S. may pull out of NAFTA. For Canadian companies, the trade skirmish has already begun.

Sen. John Cornyn (R-Texas) touted his recently introduced infrastructure bill as a way for states and municipalities to finance highway projects at a gathering of mayors Jan. 25.