Business, For-Hire

FedEx Reduces US Sunday Deliveries in Some Rural Areas

FedEx Corp. plans to scale back Sunday delivery service in far-flung areas of the U.S., the latest evidence that the e-commerce surge spurred by COVID-19 is ending.

Thomas Black | Bloomberg News
July 22, 2022
Business, Technology, Autonomous

Aurora’s Autonomous Tests in Texas Keep Rolling

If Aurora and other self-driving startups can convince customers and the public that large trucks can be automated safely, the potential efficiency gains are massive.

Thomas Black | Bloomberg News
July 1, 2022
Business, Logistics, For-Hire

FedEx Predicts Profit Growth Under Three-Year Plan

FedEx Corp. expects to grow earnings per share as much as 19% annually over the next three years by targeting “high-value” customers and squeezing more efficiency out of its networks.

Thomas Black | Bloomberg News
June 29, 2022
Government, Business, Safety, Logistics

Railroad, Union Labor Fight Moves Toward Biden Intervention

Major railroads, including Union Pacific Corp. and BNSF Railway Co., and their unions remain at an impasse after a government board ended efforts to mediate a settlement, a move that will likely force President Joe Biden’s administration to intervene and prevent a strike that could cripple an already-strained U.S. supply chain.

Thomas Black | Bloomberg News
June 15, 2022
Business, Logistics

CSX Turns Away Freight as Railroad Struggles to Fill Jobs

CSX Corp. is turning away freight from customers, ceding cargo business to truckers, as the railroad struggles to hire workers, CEO Jim Foote said.

Thomas Black | Bloomberg News
June 2, 2022
Government, Business, Logistics

STB Proposes Emergency Action to Keep Rail Freight Moving

The U.S. Surface Transportation Board proposed a rule change that aims to bring immediate relief for shippers facing poor rail service, asserting that the agency can take emergency action on its own to address delays.

Thomas Black | Bloomberg News
April 22, 2022
Business, Logistics

Union Pacific Will Limit Traffic to Clear Clogged Rail Lines

Union Pacific Corp. plans to limit customer-owned railcars on its network beginning next week to ease traffic jams that have gummed up the supply chain.

Thomas Black | Bloomberg News
April 12, 2022
Business, Technology, Safety, Logistics, Autonomous, Top 100

FedEx Partners With Elroy Air to Test Pilotless Package Drone

FedEx Corp. is partnering with Elroy Air, a startup that makes a large cargo drone, to test moving packages by air with no pilot on board.

Thomas Black | Bloomberg News
March 30, 2022
Government, Business, Logistics

Rail Unions Seek Mediator With Talks ‘Completely Stalled’

Labor unions representing about 100,000 U.S. railroad workers say contract negotiations have broken down after more than two years of talks with several carriers.

Thomas Black | Bloomberg News
January 24, 2022
Business, Safety, Logistics

Union Pacific Steps Up Security to Curb L.A. Train Thefts

Union Pacific Corp. is erecting physical barriers and increasing its own policing of an area in Los Angeles where people have been stealing goods from its trains.

Thomas Black | Bloomberg News
January 20, 2022