Business

Smith Electric Vehicles Corp. has unveiled an all-electric vehicle called the Newton Step Van that will be used by FedEx Express.

Amazon.com Inc. has agreed to acquire Kiva Systems Inc., a privately held maker of robotic warehouse systems, for about $775 million in cash.

In his weekly radio address this weekend, President Obama urged Congress to pass a bipartisan transportation bill.

Aerofficient will begin producing a “slider” side fairing in April that it said should boost fuel savings over trailers using normal fairings.

Hidden deep within the massive Senate Transportation Bill, No. 1813, on pages 1283-1284, is a provision that will make owners and directors of corporations personally liable for civil penalties if the bill, which has passed the Senate and is headed for the House, becomes law.

It has become something of a cliché that what followed the economic deregulation of trucking in the early 1980s was even more regulation, albeit in different forms.

The Federal Motor Carrier Safety Administration said it launched an iPhone application last week that allows users to search for and find bus companies’ safety records. The application does not display data for trucking companies, and an agency spokeswoman did not say whether FMCSA plans to eventually include those data.

The House could vote as soon as Monday night on a highway bill extension, which would avert a shutdown on transportation funding in advance of Saturday’s deadline on funding, Bloomberg reported.

LOUISVILLE, Ky. — Permanent repair kits for defective ATR-6 traction-relay brake valves are moving to truck makers, executives of Bendix Commercial Vehicle System said.