Transport Topics
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Canadian Pacific Railway Ltd. enhanced its offer to acquire Norfolk Southern Corp. by at least 10% and signaled a proxy fight for the U.S. carrier would start in February if there are no talks beforehand.
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Put down your phone while driving, you will, or to the Dark Side it will lead.
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A fiscal 2016 funding bill would direct federal trucking regulators to expand a review of a suspended hours-of-service restart rule for motor carriers before that rule may be reinstated.
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FedEx Corp. net income in the second quarter of its 2016 fiscal year rose 4% to $693 million, or $2.44 per share, including one-time effects, driven by 26% higher profits at Express and 13% better results at its Ground unit.
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