About NBR“Nightly Business Report produced by CNBC” (NBR) is an award-winning and highly-respected nightly business news program that airs on public television. Television’s longest-running evening business news broadcast, “NBR” features in-depth coverage and analysis of the biggest financial news stories of the day and access to some of the world’s top business leaders and policy makers.
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UPS shares plunged Friday after the company warned profits for the fourth quarter would come in well less than Wall Street expected. But its competitor FedEx reaffirmed its fiscal 2015 outlook a couple of hours later, saying it expected continued economic growth and cheap fuel. FedEx shares fell 2 percent, while UPS shares fell 10 …
More and more businesses are getting frustrated with the labor and traffic problems on the West Coast. Some 174 industry groups representing agriculture, manufacturing, retailers, and other import/export operations sent a letter Friday to the dockworkers’ union and port terminal operators telling them to get their act together and agree to a contract. “As customers …
Morgan Brennan takes a look at how the sharp drop in oil prices is impacting railroad operators.
If you’re a woman looking for a female cabbie, there’s an app for that. SheTaxis is a recently launched New York taxi start-up that connects female passengers with female drivers.
Morgan Brennan tells us what’s behind the rough ride for transports in 2015.
FedEx and UPS rate increases recently took effect while fuel prices, a key cost for shippers, are at record lows. Crude oil broke $50 a barrel, the lowest in nearly six years. So what else is driving changes in shipping prices? The answer, in short, likely includes the Amazon effect. U.S. trucking tonnage is at …
A dockworkers’ slowdown at West Coast ports is costing companies millions of dollars.
Morgan Brennan followed the shipping route of one holiday gift box to see just how complex the process really is.
A wicked East Coast storm is making holiday travel a mess, but as Phil LeBeau tells us, drivers have a few things to be thankful for.
A standoff in contract talks at the ports of Los Angeles and Long Beach has turned into a boon for the air charter business.
Uber, the taxi-hailing app, has unveiled a new feature that will enable passengers to listen to their own Spotify playlists as they travel, in what the group has described as a “first of its kind partnership”. In a call to investors on Monday afternoon, Uber CEO Travis Kalanick announced plans to team up with the …
The Dow Transport Index is near a record, with more goods and people hitting the roads, rails and taking to the skies.
With the holidays around the corner, shippers are expecting a record season, but are they prepared for the rush?
Mahindra Group plans to expand its electric scooter business in the U.S.
With more goods moving across the country by rail, gridlock has become a big problem and its costing rail operators billions of dollars.