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New Deal Sends Autonomous Caterpillar Trucks to Australia

Another fleet of mining trucks will join the growing ranks of machines operating autonomously using Caterpillar Inc. systems in Australia next year, reflecting the company’s push to cement industry partnerships with proprietary technology.

December 21, 2017

Toll-Road Veteran Is N.J. Governor-Elect’s Pick for State Transportation Chief

New Jersey Governor-elect Phil Murphy chose a toll-road veteran to oversee transportation, charging her with fixing a commuter bus and rail system he called “a national disgrace.”

December 20, 2017

FedEx Profits Grow 11% in Fiscal 2Q, Beating Wall Street Forecasts

FedEx Corp. reported earnings of $2.84 per diluted share for its second fiscal quarter of 2018 ending Nov. 30, compared with the Bloomberg analyst forecast of $2.76 per diluted share. In last year’s fiscal second quarter FedEx reported earnings of $2.59 per diluted share.

December 19, 2017

Drone Tracking Plan Moves US Delivery by Air Closer to Reality

>Deliveries by drones took a step closer to being allowed in the U.S. after a federal advisory panel agreed on a framework for allowing law enforcement to routinely track the small devices.

December 19, 2017

Truck Tonnage Surges 7.6% in November

Truck tonnage surged 7.6% year-over-year in November after a 10.5% increase in October, according to American Trucking Associations.

December 19, 2017

CSX Stock Stabilizes Days After Death of CEO

CSX’s stock rose slightly Dec. 18 despite the death of the man who had been hired to bring the railroad new profitability.

December 19, 2017

UPS, FedEx Say Holiday Shipping Not Delayed by Atlanta Airport Outage

The fire that knocked out power and shut down the world’s busiest airport shouldn’t delay holiday package deliveries, two of the nation’s biggest shippers said Dec. 18.

December 18, 2017

Record Travel Projected for Christmas, New Year’s Holidays

As the Christmas song goes, “Gee, the traffic’s sure terrific.” In fact, travel experts say they believe the final holiday travel period of the year — Dec. 23 through midnight New Year’s night — will set a new record.

December 18, 2017

CSX Caught Mid-Revolution by Death of Rail-Legend Harrison

With CEO Hunter Harrison’s death on Dec. 16, CSX Corp. lost the guiding hand of a railroading legend who added almost $17 billion in value in less than a year.

December 18, 2017