For more than a century, followers of Dow Theory have looked to transportation stocks as the great bellwether of broad market movement.» Read More
CNBC's Scott Cohn reports FedEx has been indicted on 15 criminal counts for helping Internet pharmacies deliver drugs to buyers in the U.S. without prescriptions.
The probability that a missile downed Flight MH17 prompts questions on whether the plane should have flown over a war-torn area. NBC News reports.
FedEx has been indicted in connection with a Justice Department investigation into prescription drug trafficking, reports CNBC's Scott Cohn. FedEx claims it is innocent of the charges, saying it's a transportation company, not law enforcement.
Some of the names on the move ahead of the open.
FedEx was indicted for shipping packages from illegal online pharmacies despite repeated warnings from U.S. drug enforcement officials.
SAN FRANCISCO, July 17- FedEx Corp was indicted on Thursday for shipping packages from illegal online pharmacies despite repeated warnings from U.S. drug enforcement officials, according to a court filing. FedEx allegedly gained at least $820 million from the conspiracy, the filing said, and could be fined up to twice that amount.
FARNBOROUGH, England, July 16- ASL Aviation, an Irish aviation services company, on Wednesday signed a letter of intent to buy up to 10 of Lockheed Martin Corp's LM-100J commercial freighters as the launch customer for the new turbo-prop airplanes, Lockheed said in a statement.
Royal Mail, FedEX Corp and TNT Express said they had received a notice from French competition authorities over a possible breach of antitrust law.
Dabbawalas are the bikers who take tiffins to hungry eaters in Mumbai, and their system is so efficient FedEx has studied it. GP reports.
For the larger companies, the initiative ensures that their own suppliers are robust and "demonstrates a recognition that a healthy supply chain is good for business," the White House said in a statement.
CHICAGO, July 7- As North Americans hit the highways, airports and rails for vacations this summer, it's not hard to believe that some of the most robust stocks are in the transportation industry- particularly in an improving economy.
Endowments are divesting holdings in fossil-fuel companies and students are cheering. But Terry Tamminen asks, Are these good intentions misguided?
Members of the 2014 CNBC Disruptor 50 list talk about how to shake up business in their industries.
*Oil tops $114 a barrel on Iraq concerns. NEW YORK, June 18- Wall Street stocks jumped on Wednesday, taking the S&P 500 index of top companies to an all-time record after the Federal Reserve promised to keep in place low interest-rate policies and forecast the world's biggest economy would expand moderately.
*Amazon CEO Bezos unveils "Fire" smartphone; stock climbs. *FedEx shares hit all-time high after quarterly profit. "It's onwards and upwards for equities, especially after the Fed's announcements today," said Mike Arone, chief investment strategist for State Street Global Advisors' intermediary business in Boston.
Stocks climbed on Wednesday after the Federal Reserve continued to taper, and said the economy is rebounding.
FedEx CEO Fred Smith explains why he does not see Uber as a big threat, or opportunity.
FedEx CEO Fred Smith discusses its dynamic fuel surcharge and how the rising "fuel wildcard" impacts business. Smith also sees a bit of economic acceleration.
CNBC's Morgan Brennan reports on FedEx's better than expected quarterly report.
A big-screen view of the 3D technology Amazon has built into its new Fire smartphone. This video explains how the technology works and allows viewers to see it in action.