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The Pension Benefit Guaranty Corp., which ensures that retirees receive benefits even if their pensions become insolvent, reported that its multiemployer plan deficit grew to $58.8 billion in fiscal year 2016 and will likely run out of money before the end of 2025, the government agency announced.

Colorado’s Department of Transportation, which already has an $800 million annual funding shortfall, is taking another $80 million hit in fiscal 2018 and fiscal 2019 in Gov. John Hickenlooper’s proposed budget.

Sentiment among American consumers increased in the week after the presidential election to reach the highest level since April 2015 on more upbeat views about the economy, figures from the weekly Bloomberg Consumer Comfort Index showed Nov 17.

Before leaving town for Thanksgiving, House Speaker Paul Ryan reaffirmed his stance that federal regulators relax their rulemaking until the start of President-elect Donald Trump’s administration.

ATLANTA — Truck maker Navistar Inc. announced plans to offer its own electronic logging device next year as the federal mandate of the technology draws nearer.

ATLANTA — The upcoming federal mandate of electronic logging devices will spur a dramatic increase in technology adoption next year, but implementation could be messy as many carriers continue to wait as long as possible before installing the devices, analysts and technology vendors said.

New Jersey’s bond rating was downgraded from “A” to “A-“ on Nov. 14 by S&P Global Ratings in the wake of the state’s massive fuel tax hike that became law last month.

A key member of Donald Trump’s transition team said the incoming administration is exploring ways to fund bridge and road repairs, including the establishment of an “infrastructure bank,” a concept Hillary Clinton promoted and the Republican’s campaign derided.

The Commonwealth of Virginia signed a deal with Konecranes to provide the Port of Virginia with 86 automated stacking cranes as part of a large-scale expansion at the Virginia International Gateway and Norfolk International Terminal over the next five years.