Transport Topics
FedEx Net Income Rises 6%, Helped by Express
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FedEx Corp. net income rose 6% to $692 million, or $2.42 per share, for the fiscal first quarter ended Aug. 31, helped by stronger results at the Express unit and held back by slow-moving U.S. and world economic trends.
FMCSA Acting Chief Outlines Year-End Priorities
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In a letter to staff on Sept. 15, Scott Darling, the federal trucking regulatory agency's acting chief, outlined several priorities for the remainder of the year.
New Agreement Puts Independent Repair Shops, Heavy-Duty Fleets on Equal Footing with Dealerships
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Trade groups representing independent repair shops and parts distributors and one for truck and engine makers said they reached an agreement that will put fleets, truck owners and independent repair shops on a par with dealerships for the first time.
New York Area Manufacturing Shrinks for Second Straight Month
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Manufacturing in the New York region contracted in September for a second straight month, reflecting declining orders and employment.
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