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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

UPS Chief Touts Alaska Role in Asia Trade Route

UPS International President Jim Barber told an Anchorage, Alaska, group the right timing for his first trip to Alaska had come for a number of reasons, including the hub’s expanding importance in connecting to China and Asian-Pacific communities.

December 15, 2017

US Postal Service Grappling With Record Shipments This Holiday Season

Shipping services working around the clock to handle record package numbers this holiday season.

December 15, 2017

Hardworking Drivers Key to UPS Delivering 750 Million Packages This Holiday Season

Technology has made it easier than ever to buy gifts online and track the spoils of your spending spree as they make their way from retailers’ warehouses to your doorstep in time for the holidays.

December 15, 2017