Transport Topics
Sales of Existing Homes Climb to Highest Level in 8 Years
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Sales of previously owned U.S. homes climbed to an eight-year high in June as momentum in the residential real estate market accelerated.
FedEx Agrees to Buy $10 Billion of Boeing 767 Jet Freighters
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FedEx Corp. agreed to buy 50 Boeing Co. 767 freighters with a list value of about $10 billion, the model's largest-ever order, as it upgrades the fleet at the FedEx Express unit.
UPS Makes Collision-Mitigation Technology Standard on Class 8 Tractors It Orders
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NORWALK, Ohio - UPS Inc. announced it is making collision-mitigation technology from Bendix Commercial Vehicle Systems standard equipment on every Class 8 tractor the company orders.
Intermodal Traffic Rises 2.3% for Week as Carload Decline Continues
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U.S. rail intermodal traffic rose 2.3% for the week ended July 18 as carloads continued to decline, the Association of American Railroads reported.
UPS Said to Be in Talks to Buy Coyote Logistics for $1.8 Billion
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UPS Inc. is in talks to buy Coyote Logistics for about $1.8 billion, two people with knowledge of the matter said.
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