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Monthly Archives: September 2009

FedEx profit down 53%

To get an idea of just how bad the recession is affecting the transportation industry, take a look at FedEx. They posted profit down 53% from the year-ago quarter. This in spite of the fact that DHL pulled out of the US domestic package market. They move the brunt of their packages via over-the-road and cargo airliner shipping.

Recession Ghost Fleet

While boats aren’t part of the title of this blog, intermodal transportations is part and parcel of trains, planes, and autos. The recession is clearly affecting all aspects of the transportation industry. This article in the UK’s Daily Mail reveals how the shipping industry has been impacted by the recession.

Is Abu Dhabi next?

Dubai just got their metro… it appears Abu Dhabi may be next.

Rail in the Middle East

dubaimetro

With the Dubai Metro starting operations on 9/9/09, the whole Arabian peninsula has been abuzz with the arrival of modern urban transit. I’ve stumbled across a few nice articles exploring more of what may be in store for the Middle East.