FedEx Corp. said it may not go through with a $7.7 billion purchase of 30 new jet planes for air freight if federal law is changed to make it easier for its employees to join a union, Bloomberg reported.
March 25, 2009Search
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Trailer Bridge Posts $1.1 Million 4Q Loss
Trailer Bridge Inc. said late Wednesday it took a loss in both the fourth quarter of 2008 and the year as a whole.
March 26, 2009UTi Worldwide Reports Fourth-Quarter Loss
Air and ocean freight forwarder UTi Worldwide lost $89.8 million, or 89 cents per share, for its fiscal fourth quarter, compared with a profit of $18 million, or 18 cents per share, a year ago.
March 26, 2009Continuing Jobless Claims Hit Record
Initial jobless claims rose 8,000 last week to 652,000, while the number of people receiving continuing benefits rose to a record, the Labor Department said Thursday.
March 26, 2009House Bill Would Extend Size, Weight Limits
A House bill would freeze the truck size and weight limits of 53 feet for trailers and 80,000 pounds for the entire national highway system.
March 26, 2009Fourth-Quarter GDP Contracts 6.3%
The U.S. economy contracted at an annual rate of  6.3% rate in the fourth quarter, marking the biggest contraction since 1982, the Commerce Department said Thursday.
March 26, 2009Technicians to Face More Fault Codes With Use of OBDs, Engine Makers Say
Truck technicians next year will have to deal with a pronounced increase in engine fault codes because of the onboard diagnostics systems added to 2010 and later model engines, engine makers said.
March 23, 2009February New ºÚÁϳԹÏÍø Sales Rise 4.7%
New home sales rose 4.7% in February after bottoming out in January at the lowest rate on record, the Commerce Department said Wednesday.
March 25, 2009Durable Goods Post 3.4% Gain in February
Durable goods orders rose 3.4% in February, the biggest gain in more than a year and the first in seven months, the Commerce Department said Wednesday.
March 25, 2009Truck Tonnage Falls 9.2% Year-Over-Year
Truck tonnage fell 9.2% in February compared with a year ago, though it rose 1.7% from January, American Trucking Associations said.
March 27, 2009