International Business News - FDX http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif European Union regulators on Wednesday forbade Germany to give loan guarantees of up to euro500 million ($796 million) to express delivery company DHL to help shield it from problems setting up a new hub at Leipzig-Halle airport. http://www.ibtimes.com/articles/20080723/eu-bars-german-region-from-giving-dhl-aid.htm Wed, 23 Jul 2008 08:22:01 EDT Pilots at three airports in South Carolina, Maryland and Pennsylvania won't have to take their shoes off as much while testing a new screening program officials hope may ease congestion at security checkpoints. http://www.ibtimes.com/articles/20080718/tsa-launching-flight-crew-screening-experiment.htm Fri, 18 Jul 2008 11:05:17 EDT Shares of railroads and shippers fell Friday morning as the broader market was shaken by fears that a government bailout might be needed to save beleaguered mortgage lenders Fannie Mae and Freddie Mac. http://www.ibtimes.com/articles/20080711/opening-glance-rails-shippers-down-on-record-oil.htm Fri, 11 Jul 2008 10:01:53 EDT Shares of railroads and shippers mostly rose early Thursday as oil retreated and the broader market edged higher on the news that Dow Chemical Co. plans to buy rival chemicals maker Rohm and Haas Co. for more than $15 billion. http://www.ibtimes.com/articles/20080710/opening-glance-rails-shippers-rise-as-oil-falls.htm Thu, 10 Jul 2008 09:47:24 EDT Shares of railroads and shippers fell in early trading Wednesday as oil rebounded following Tuesday's steep decline. Light, sweet crude for August delivery rose $1.07 at $137.11 a barrel in early trading on the New York Mercantile Exchange. The contract fell $5.33 to close at $136.04 a barrel Tuesday. http://www.ibtimes.com/articles/20080709/opening-glance-rails-shippers-fall-as-oil-up.htm Wed, 09 Jul 2008 10:12:10 EDT The pilot of a small, rental plane that crashed near Memphis over the weekend has been identified as a FedEx flier. Authorities say 48-year-old Ward Severts rented the single-engine plane at the Olive Branch, Miss., airport. The plane crashed Saturday in a remote area of Fayette County about 40 miles east of Memphis. http://www.ibtimes.com/articles/20080707/pilot-killed-in-crash-of-plane-was-fedex-flier.htm Mon, 07 Jul 2008 13:17:10 EDT Shares of railroads and shippers fluctuated amid a jittery broader market Thursday, as oil soared to a record above $146 per barrel in the last day of trading before the July Fourth holiday. http://www.ibtimes.com/articles/20080703/opening-glance-rails-shippers-fluctuate.htm Thu, 03 Jul 2008 10:19:48 EDT Shares of railroads and shippers fell sharply in early trading Tuesday as the price of oil crept near $143 per barrel, after hitting the threshold for the first time Monday. http://www.ibtimes.com/articles/20080701/opening-glance-rails-shippers-sink-as-oil-rises.htm Tue, 01 Jul 2008 10:22:14 EDT Shares of General Electric Co. posted some of the steepest declines among industrial companies in the S&P 500 during the second quarter, as the overall sector was hurt by rising gas prices and a weak U.S. economy. http://www.ibtimes.com/articles/20080630/ge-2q-stock-drop-largest-among-s-p-500-industrials.htm Mon, 30 Jun 2008 14:54:43 EDT Shares of railroads and shippers rose in early trading Monday, as oil topped $143 per barrel for the first time. Here's how major players performed: http://www.ibtimes.com/articles/20080630/opening-glance-rails-shippers-fall-as-oil-up.htm Mon, 30 Jun 2008 11:57:24 EDT Among the stock activity stories for Friday, June 27, from AP Financial News: NEW YORK (AP)--Shares of Wynn Resorts Ltd. dropped to a 52-week low on Friday after an analyst lowered his earnings estimates for the company and recommended that investors view the gaming sector "very cautiously" in the near future. http://www.ibtimes.com/articles/20080627/movers-roundup-wynn-resorts-american-eagle.htm Fri, 27 Jun 2008 14:39:51 EDT Shares of FedEx Corp. touched its lowest point since June 2004 Friday--the stock's third multiyear low this week--as oil prices jumped to a new record past $142 a barrel. http://www.ibtimes.com/articles/20080627/fedex-hits-low-as-oil-hits-record-above-142.htm Fri, 27 Jun 2008 12:48:34 EDT The trucking industry's trade group spent more than $418,000 lobbying in the first quarter on a variety of energy, transportation and environmental issues, according to a recent disclosure report. http://www.ibtimes.com/articles/20080627/trucking-industry-group-spent-418k-lobbying-in-1q.htm Fri, 27 Jun 2008 10:59:40 EDT Shares of railroads and shippers inched higher early Friday as the broader market recovered slightly from Thursday's plunge. Oil prices, meanwhile, set yet another record. Light, sweet crude for August delivery rose as high as $142.26 a barrel in premarket electronic trading on the New York Mercantile Exchange. http://www.ibtimes.com/articles/20080627/opening-glance-rails-shippers-inch-higher.htm Fri, 27 Jun 2008 10:27:55 EDT Shares of railroads and shippers lost ground Thursday as oil spiked above $10 per barrel and the Dow Jones Industrials Average lost more than 350 points. http://www.ibtimes.com/articles/20080626/closing-glance-rails-shippers-fall-as-oil-spikes.htm Thu, 26 Jun 2008 16:25:53 EDT Shares of railroads and shippers mostly fell in early trading Thursday as oil rose sharply. Light, sweet crude for August delivery rose as high as $138.95 a barrel before pulling back slightly. http://www.ibtimes.com/articles/20080626/opening-glance-rails-shippers-fall-as-oil-up.htm Thu, 26 Jun 2008 10:19:45 EDT Shares of UPS Inc. hit their lowest point since April of 2003 on Wednesday, as investors continued to steer away after the company cut its second-quarter earnings prediction late Monday. http://www.ibtimes.com/articles/20080625/ups-sets-low-as-investors-react-to-forecast-cut.htm Wed, 25 Jun 2008 14:15:34 EDT FedEx Trade Networks Inc., a subsidiary of FedEx Corp., has opened two new West Coast gateways to support its distribution service. They are located in Seattle, Wash., and Oakland, Calif., and will service customers shipping goods from Asia to multiple destinations in the U.S. http://www.ibtimes.com/articles/20080625/fedex-opens-2-gateways-to-support-distribution.htm Wed, 25 Jun 2008 13:24:48 EDT Both UPS Inc. and FedEx Corp. set new multiyear lows Tuesday, as investors pulled away amid slumping consumer confidence and continued worries over high fuel prices. http://www.ibtimes.com/articles/20080624/ups-fdx-set-lows-after-ups-cuts-profit-forecast.htm Tue, 24 Jun 2008 12:59:57 EDT Shares of railroads and shippers mostly fell in early Tuesday trading, as investors reacted to UPS Inc. reducing its second-quarter earnings prediction on high fuel costs and waning U.S. demand. http://www.ibtimes.com/articles/20080624/opening-glance-rails-shippers-fall-as-ups-warns.htm Tue, 24 Jun 2008 10:15:21 EDT