FedEx Corp. said it may not go through with a $7.7 billion purchase of 30 new jet planes for air freight if federal law is changed to make it easier for its employees to join a union, Bloomberg reported.
March 25, 2009BusinessGovernment
February New °®¶¹´«Ã½ Sales Rise 4.7%
New home sales rose 4.7% in February after bottoming out in January at the lowest rate on record, the Commerce Department said Wednesday.
March 25, 2009BusinessGovernment
Durable Goods Post 3.4% Gain in February
Durable goods orders rose 3.4% in February, the biggest gain in more than a year and the first in seven months, the Commerce Department said Wednesday.
March 25, 2009BusinessSafetyGovernment
LaHood Says U.S. Seeking to Revive Mexican Trucking Plan
Transportation Secretary Ray LaHood wants to revive the cross-border trucking program with Mexico that lets some carriers from that country deliver goods into the United States beyond a set border zone, Bloomberg reported Tuesday.
March 24, 2009BusinessGovernment
Sen. Specter Opposes Card Check Bill
Sen. Arlen Specter, the only Republican senator to support the Employee Free Choice Act when it was debated two years ago, said Tuesday he would vote against the legislation, the Associated Press reported.
March 24, 2009BusinessGovernmentSafetyFuel
EPA Eyes Regulating Greenhouse Gas Emissions
The Environmental Protection Agency may seek to limit greenhouse gas emissions, the Washington Post reported Tuesday.
March 24, 2009Government
Mass. Pushes Turnpike Toll Hikes to July
The Massachusetts Turnpike Authority board voted Monday to delay a toll increase that was to take effect this weekend, postponing it to July 1, the Associated Press reported.
March 24, 2009GovernmentBusiness
N.Y.-N.J. Port Sees First Decline in 15 Years
Container traffic at the Port of New York and New Jersey fell last year for the first time in 15 years, the Associated Press reported.
March 23, 2009BusinessSafetyGovernmentEquipment
Obama Views New Hybrid Trucks in California
President Obama visited a California center featuring new hybrid trucks Friday, including plug-in hybrid with an engine developed by Eaton Corp. and the Electric Power Research Institute.
March 23, 2009BusinessSafetyGovernment
Alabama Gov. Signs Steel-Coil Control Law
Alabama Gov. Bob Riley (R) signed into law a measure requiring truck drivers transporting steel coils to be properly trained so that coils are tied down securely, according to the governor’s Web site.
March 23, 2009