Transport Topics
Weekly Intermodal Rail Traffic Drops 1.7%
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Weekly U.S. intermodal rail traffic dropped 1.7% from the same period last year, the Association of American Railroads reported.
Pending Sales of Previously Owned Homes Increase 0.2%
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Contract signings to purchase previously owned homes rose less than forecast in October after declining in the prior two months, showing residential real estate is cooling heading into the quieter selling season.
Amazon Unveils Unmanned Package Delivery Drones
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Amazon has unveiled what its unmanned drones for package delivery would look like with a video launched on Nov. 29 on the prototype of technology it announced two years ago.
US Gives Blessing to FedEx-TNT Merger
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FedEx Corp and Dutch counterpart TNT Express have won U.S. antitrust permission to merge, according to a listing of approved deals the Federal Trade Commission issued Nov. 24.
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