Frigid Winter Fuels Rail Shipments of Coal
Railroad companies bounced back in the second quarter, thanks in part to a rare boost from coal.
Former NYC Regulator: Uber a ‘Silicon Valley Cartel’ in Hostile Takeover
The heat is on between Uber, Lyft and the New York City taxi and limousine establishment over innovation and regulation.
Airline CEOs Getting Ready for Innovation Takeoff
PricewaterhouseCoopers’ 2014 Global Airline CEO Survey finds that as airline profits are rising, CEOs are turning their attention to the need for greater research and development.
Uber Now Costs Less Than a Taxi in NYC
If you’re looking to get around town in New York City, Uber is now less expensive than a yellow cab. The car service app has lowered its prices by 20% to compete with taxis.
Uber Offering Helicopter Rides for Independence-Day Weekend
On July 3, Uber is partnering with helicopter app Blade to offer helicopter rides from Manhattan to the Hamptons.
FedEx Tops Street Views as 4Q Profit Soars
FedEx posts better-than-expected results as it bounces back from a tough third quarter when severe weather disrupted delivery services.
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.



















