ºÚÁϳԹÏÍø

According to a report released Friday, the Real ID Act, which would set national standards for driver’s license applicants, would cost more than $11 billion over five years to implement, the Washington Post reported.

FedEx Corp. on Thursday reported net income for its fiscal first quarter rose 40% to $475 million or $1.53 a share, compared with $339 million or $1.10 in 2005.

Logistics and delivery firm Dynamex Inc. reported its fourth-quarter net income rose 34% to $3.3 million or 31 cents a share, from $2.7 million or 23 cents a year earlier.

Manufacturing growth in the Philadelphia area contracted in September as new orders fell, the Federal Reserve Bank of Philadelphia said Thursday.

An index of U.S. leading economic indicators dropped 0.2% in August, the Conference Board reported Thursday.

First-time U.S. jobless claims rose 7,000 to 318,000 last week the Labor Department said Thursday.

Freightliner has named Friedrich Baumann president of its Detroit Diesel Remanufacturing division, the truck manufacturer announced Wednesday.

The Coalition for America’s Gateways and Trade Corridors on Wednesday called for the establishment of a dedicated Freight Trust Fund to finance U.S. freight transportation projects.

The National Surface Transportation Policy and Revenue Study Commission on Thursday held a field hearing in Dallas earlier this week, the San Antonio Express-News reported.

Motorola Inc. said Wednesday it signed an agreement to acquire Symbol Technologies, which produces handheld bar-code scanners, for $3.9 billion or $15 a share.