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FedEx Chairman and CEO Fred Smith warned that President-elect Trump's campaign promises to pull back on international trade agreements could be “catastrophic.”
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The U.S. Environmental Protection Agency has proposed leaving in place its emissions standards for light-duty vehicles through 2025 in a move that's expected to face opposition from automakers.
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President-elect Donald Trump will nominate Elaine Chao to serve as secretary of transportation. She served as secretary of labor throughout President George W. Bush’s two terms and as deputy secretary of transportation under President George H. W. Bush.
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General Motors congratulated President-elect Donald Trump and runner-up Hillary Clinton on "hard-fought campaigns" and said the company looks forward to working with the new administration. Ford Motor Co. and Fiat-Chrysler have issued similar statements.
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