UPS to Charge By Package Size
UPS will set rates for all U.S. ground shipments based on package size, following a similar move by rival shipper FedEx.
Virginia DMV Orders Lyft, Uber to Stop Operating
Residents in the D.C. area might have one less option when it comes to their commute.
Hertz to Restate 2011 Financial Results, Warns of 1Q Miss
Hertz will restate financial results from 2011, as the car rental company deals with growing accounting issues.
Travelport Worldwide Files for IPO
Airline ticketing company Travelport Worldwide Ltd, owned by private equity firm Blackstone Group LP , filed with U.S. regulators on Wednesday for an initial public offering in the United States.
Uber Tests On-Demand Water Taxis in Boston Harbor
The startup taxi service that has brought on-demand taxi services to cities around the world is now getting its feet wet, literally -- expanding from the pavement to the Boston Harbor.
100 Years After First Commercial Flight, Airline Profits Weak But Improving
As the aviation industry celebrates 100 years of commercial flights this week, an industry group is warning that profitability among airlines remains weak.
Boeing Surpasses 2,000 MAX Orders, Says Delivery Target on Track
Boeing surpassed 2,000 orders for the next-generation single-aisle 737 MAX this week and said it will finish final assembly in mid-2015.
FedEx to Price All Large Packages Based on Size
FedEx will soon charge rates for all large packages based on their size, effectively raising prices for lightweight, bulky ground shipments.
UPS Posts 1Q Miss as Weather Dampens Results
The shipping giant reported a 12.2% drop in its first-quarter profit and missed Wall Street expectations, as a snowy winter weighed on revenue and drove expenses higher.
Norfolk Southern Earnings Drop Amid Coal Weakness
The railroad company’s first-quarter profit dropped 18% amid continued weakness in coal shipments.
Boeing 1Q Earnings Fly Past Estimates
The aerospace behemoth revealed adjusted first-quarter profits that easily beat Wall Street views, while sales also topped expectations.
Union Pacific Earnings Up 14% on Higher Shipment Volumes
Union Pacific reported a 14% improvement in its first-quarter earnings, as higher revenue and shipment volumes lifted the railroad operator.
Uber Launches On-Demand Courier Service in Manhattan
After revolutionizing the way young people order cabs, startup car service Uber launched an on-demand courier service in Manhattan.
Accounting Correction Hits the Brakes on CarMax Earnings
CarMax, the largest retailer of used cars in the United States, reported higher quarterly revenue and said it had increased its share buyback program by $1 billion.
Missing Malaysian Flight Starting to Weigh on Tourism
Despite local tourism officials last week insisting that tourism won’t be affected, new data show jitters are starting to weigh on Malaysia’s tourism industry.
FAA Says Boeing 787 Dreamliner Design is Safe
The nation’s top air regulator said its more than year-long review of Boeing’s Dreamliner found the jet was ‘soundly designed’ and met safety standards.
FedEx Posts 3Q Miss as Winter Storms Hurt Volumes
The shipping company's third-quarter earnings edged 4.7% higher, but FedEx missed Wall Street estimates as poor weather dragged down volumes.
Hertz to Exit Equipment Rental Business in $2.5B Spinoff
Hertz Global announced plans to spin off its equipment rental business in a $2.5 billion transaction that paves the way to pay down debt and ramp up share buybacks.
Thales To Buy JetBlue's LiveTV Unit For $400 Million
France's Thales agreed to buy U.S. carrier JetBlue Airways' LiveTV unit for $400 million in cash.
Boeing to Inspect Wings of Undelivered Dreamliners
Boeing said it will inspect the wings of about 40 Dreamliner jets still in production after learning of a possible manufacturing defect at a supplier.


















