Transportation

FedEx Corp. (FDX) on Wednesday reported net income of $616 million in its fiscal second quarter.

The head of the Transportation Security Administration says it was necessary to exempt the agency from new Obama administration rules restricting racial profiling by the government so the TSA can target travelers for extra scrutiny based on their nationality and gender.

Saying Southwest Airlines is neglecting workers and its customers, baggage handlers are bringing attention to the company's slide in on-time performance as they seek a new contract.

Shares of some top airlines companies are mixed at 1 p.m.: Delta Air fell $.13 or .3 percent, to $47.55.

Shares of some top airlines companies were mixed at the close of trading: Delta Air rose $.12 or .3 percent, to $47.80.

Shares of some top airlines companies are up at 10 a.m.: Delta Air rose $.16 or .3 percent, to $47.84.

Shares of some top airlines companies were down at the close of trading: Delta Air fell $.65 or 1.3 percent, to $47.68.

Shares of some top airlines companies are mixed at 10 a.m.: Delta Air rose $.40 or .8 percent, to $48.73.

Southwest Airlines expects to begin flights to Belize City next year as it expands international service.

Shares of some top airlines companies are up at 10 a.m.: Delta Air rose $.51 or 1.1 percent, to $46.84.

Shares of some top airlines companies were mixed at the close of trading: Delta Air fell $.11 or .2 percent, to $46.22.

Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Chevron Corp., down $2.15 to $104.86 The energy company and its competitors continue to feel the pressure from low crude oil prices.

For years, Southwest was the most punctual of big U.S. airlines, so its tumble toward the bottom of government rankings for on-time arrivals was stunning.

Shares of some top airlines companies are mixed at 1 p.m.: Delta Air fell $.01 or percent, to $47.27.

Korean Air Lines apologized for inconveniencing passengers after the daughter of its chairman ordered a crew member off a flight for serving bagged nuts in first class.

Lawmakers must fix a deficit in the state's highway fund to keep roads and bridges safe for drivers, outgoing Department of Transportation commissioner said.

Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE McDonald's Corp., down $3.70 to $92.61 The world's biggest burger chain said sales at its restaurants around the world fell 2.2 percent in November.

The U.S. Surface Transportation Board is working on improving reporting rules that should give North Dakota grain producers and others better information on rail shipments, the agency's head said Monday.

American Airlines says it will spend more than $2 billion to make its planes more pleasant for passengers, the latest salvo in a competition among carriers to attract high-paying frequent fliers.

Eight months after Amtrak adjusted the Empire Builder's schedule through Montana to curb delays, the long-distance passenger train is still struggling to stay on time.