Justice Department Investigates UPS and FedEx

The U.S. Justice Department has begun an investigation into the country’s two largest delivery companies, UPS and FedEx. Both have policies aimed at preventing customers from negotiating lower shipping rates through third parti…

California Postpones Its Diesel-Emission Standards

California has postponed enforcing its strict new diesel-emission standards for four years. The rules, intended to slash emissions from trucks, buses and construction equipment, had been scheduled to take effect in March 2010.
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FedEx Looks to Deliver Solid Gains in Its Latest Quarter

FedEx will likely show an increase in fiscal second-quarter earnings of about 20% from a year earlier when it releases its latest report on Thursday. The huge air-cargo carrier is looking for a jump in revenue to more than offs…

FedEx Gears Up for Busiest Day of 2010

FedEx (FDX) is gearing up its busiest day of the year, confident that holiday shopping will help push traffic above its 2009 peak.

The Memphis, Tenn.- based shipping giant, expects to handle about 16 million packages worldwide today, according to The…