Transport Topics
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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.
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As automakers push aggressive time frames for introducing driverless vehicles, the outreach needed to convince the public that the technology represents a positive development appears still to be wanting.
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Orders placed with U.S. factories for durable goods increased in December by the most in six months, providing more evidence of a bustling industrial sector.
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Amthor International announced it will expand its tanker truck manufacturing operation in Gretna, Va., with the construction of a new 115,000-square-foot production plant, which become its corporate headquarters.
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