FedEx Corp. said Thursday it earned $181 million, or 58 cents a share, in its fiscal first quarter, down from a year ago but an improvement from a fourth-quarter loss.
September 17, 2009BusinessGovernment
Philadelphia Factory Index Improves for Second Month
Manufacturing levels in the Philadelphia showed expansion for a second straight month in September, the Federal Reserve Bank of Philadelphia said Thursday.
September 17, 2009BusinessLogistics
Dynamex’s Fourth-Quarter, Yearly Income Fall
Logistics and delivery firm Dynamex Inc.’s fiscal fourth-quarter profit fell to $1.8 million, or 18 cents a share, from $4.6 million, or 45 cents, a year ago.
September 17, 2009Business
Initial Jobless Claims Drop for Week
Initial jobless claims fell by 12,000 last week to 545,000, the Labor Department said Thursday.
September 17, 2009Business
C.H. Robinson Acquires Produce Companies
C.H. Robinson Worldwide said that it has acquired two jointly owned produce companies.
September 16, 2009BusinessFuelSafetyGovernment
DOT, EPA Set Auto Fuel-Economy Guidelines
Transportation Secretary Ray LaHood and Environmental Protection Agency Administrator Lisa Jackson released proposed regulations for boosting automobile fleet fuel economy to reach 35.5 miles per gallon by 2016, the Associated Press reported.
September 16, 2009BusinessGovernmentSafetyFuel
TSA Sets Interim Rule on Air Cargo Security
The Transportation Security Administration announced an interim final rule implementing air cargo security regulations.
September 16, 2009BusinessSafetyGovernment
DOT Sets Agenda for Distracted-Driving Summit
Secretary of Transportation Ray LaHood Wednesday released the detailed agenda for DOT’s Distracted Driving Summit, scheduled for Sept. 30 and Oct. 1 in Washington.
September 16, 2009Business
Industrial Production Rises 0.8%
Industrial production rose for a second straight month in August, gaining 0.8%, the Federal Reserve said Wednesday.
September 16, 2009GovernmentBusinessLogistics
Horizon Lines to Add Tampa to Its Service to San Juan
Shipping, trucking and logistics firm Horizon Lines said that it will add regularly scheduled vessel container service between Tampa, Fla., and Puerto Rico, the Associated Press reported.
September 16, 2009