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FedEx Corp. on Thursday said it has asked for federal mediation assistance to oversee contract talks with the union representing its pilots that began in March 2004.

Click here to write a Letter to the Editor. igh energy prices, a lack of pricing power and a steady rise in interest rates have contributed to reduced business optimism among chief executive officers of large multinational companies, according to a survey released Thursday, news services reported.

Click here to write a Letter to the Editor. .S. rail freight and intermodal traffic rose for the week ended Oct. 1 compared with a year earlier, and traffic for the month of September also increased over last year despite two big hurricanes, the Association of American Railroads said.

Click here to write a Letter to the Editor. new study by a market research firm, recommends moving 25% of freight truck traffic onto intermodal freight trains by 2025, the Orlando (Fla.) Business Journal reported.

Delphi Corp. is asking the United Auto Workers for wage cuts of more than 50% and wants to eliminate pay for laid-off workers as part of the auto supplier's effort to stave off bankruptcy, the Associated Press reported.

Click here to write a Letter to the Editor. he Department of Transportation said Thursday that its transportation services index for July fell 0.3% from June, the second consecutive decline.

Click here to write a Letter to the Editor. he House Friday narrowly passed a Republican-sponsored bill to speed the expansion of oil refineries in response to the disruption of fuel supplies caused by Hurricanes Katrina and Rita, Bloomberg reported.

Click here to write a Letter to the Editor. o me, the greatest effect on our operation is the availability of fuel and its price. I feel strongly that we need to thank the environmental movement for this mess.

U.S. payrolls fell by 35,000 jobs in the wake of Hurricane Katrina and the unemployment rate rose to 5.1% in September from 4.9% in August, the Labor Department reported Friday..

Click here to write a Letter to the Editor. he Commercial Safety Vehicle Alliance said Thursday it opposes a House bill that would postpone until Jan. 1, 2006, the enforcement of new hours-of-service rules for truck drivers related to revised sleeper-berth provisions.