FedEx loses again as Murray lifts Rogers Cup

Shares of railroads and shippers mostly fell Monday morning, as the broader market opened lower and oil prices pulled back on demand concerns. More: continued here

Wakarusa manufacturing plant unveils all-electric, zero tail pipe emissions, 100-mile range truck. More: continued here

The PGA Tour is leaving the FedEx Cup just as it is with the playoff schedule and points system. Rick George, the chief of operations for the PGA Tour, said Wednesday that any adjustment to the points system was not on the agenda and not discussed at a board… PGA Tour – FedEx Cup –…

FedEx Corp. (FDX) forecast an annual profit that topped some analysts’ projections as it reaps the benefits of a 20-month push to reduce costs and a global economic recovery that’s spurring an increase in shipping. More: continued here

FedEx Corp. Chief Executive Fred Smith took a tough line with e-commerce companies, saying they need to shape up sloppy shipping practices or risk losing customers. FedEx said severe weather shaved $125 million off of its fiscal third-quarter profit, pushing earnings well below even scaled-back analyst estimates. But snow and ice weren’t the only things…

Office-supply retailer OfficeMax Inc. said Monday that it signed a multiyear deal that will allow it to use some of FedEx Corp.’s services in its U.S. retail locations. More: continued here