Transport Topics
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U.S. filings for unemployment benefits jumped to the highest in five weeks, though the level remained low by historical standards, Labor Department figures showed Dec. 21.
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FedEx Corp.’s delivery truck is heading in the right direction, but the turbo-charge from Uncle Sam won’t hurt. The $65 billion company reported earnings after the close of trading on Dec. 20, besting analysts’ quarterly estimates and raising its full-year outlook.
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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.
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Self-driving cars may be the future, but relinquishing control of the wheel certainly takes some getting used to. It’s one thing to go (slowly) with the flow on well-marked city streets, for which many self-driving cars were initially developed and tested, but what happens when you throw icy winter road conditions into the mix?
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