91ÊÓƵ

FedEx Corp. said Thursday it expected to report earnings of $1.36 per share for the fiscal fourth quarter ended May 31, higher than its previous guidance of $1.20 to $1.30.

In recent years, many states have achieved some degree of success enacting generalized tort reform legislation and even reform specifically affecting trucking.

After months of pressure from Congress and industry, the Environmental Protection Agency has decided to issue a new proposed rule on oil-spill containment delaying enforcement beyond the previous Aug. 17 deadline, said Dave Evans, head of the agency’s oil program.

Inventories at U.S. wholesalers declined in April for the first time in eight months as companies tried to keep up with increased demand, the Commerce Department reported Wednesday.

The Transportation Security Administration will not delay fingerprinting for commercial drivers who haul hazardous materials until a program credentialing other transportation workers goes into effect, an agency spokeswoman said.

Package delivery services UPS and FedEx are trying to head off legislation pending in Congress that would make them responsible for helping states collect excise taxes on cigarettes sold by Internet and mail order.

The Research and Special Programs Administration said May 28 it was delaying the effective date for rules that some trucking industry experts said would have hurt the hazardous material-hauling sector.

The U.S. Food and Drug Administration last week issued procedures for detaining food shipments suspected of being viewed as a threat to humans or animals.

Dispute Growing in Congress Over Security Grants • Suspicious Vehicle Shuts Washington Border • House Panel Clears $32 Billion for 91ÊÓƵland Security • Truck Carrying Nuclear Waste Goes Off Designed Route

Price of Oil Edges Up Despite Rise in Fuel Inventories • Caterpillar Raises Dividend Again • Greenspan Says Fed Could Take Aggressive Action on Rates • Mexican Truckers Have Mixed Reaction to Supreme Court Decision • Study: Border Delays Hurting Canada's Economy • And more...