Business

Daylight Transport is the latest less-than-truckload provider to raise rates, in total, 4.9%, which takes effect Oct. 3.

Consolidated Fastfrate celebrated its 50th anniversary Sept. 26, and company CEO Ron Tepper announced his direction for the company in a corporate newsletter and company event.

Consumer spending was little changed in August as income growth cooled, pointing to a softening in consumption after a run of strong gains.

San Francisco startup Flexport Inc. raised $65 million in venture capital to expand U.S. and global operations, the company announced Sept. 26.

Deutsche Post DHL Group has agreed to acquire UK Mail Group on Sept. 28 for 242.7 million pounds ($315.5 million), enhancing the company’s presence in the e-commerce market in Great Britain.

Love’s Travel Stops & Country Stores Inc. will expand its truck maintenance program at all of its truck stops nationwide to include services related to fluids, filters and lubes, in addition to existing truck tire care and light mechanical options.

In the coming decades, consumer demand for goods and services will lead to a sharp increase of trucks on the country's roadways, prompting a need for greater capacity, the nation's top transportation official told an audience in downtown Washington, D.C., on Sept. 28.

This week’s annual Management Conference & Exhibition, hosted by American Trucking Associations, is expected to draw a record number of attendees, including industry leaders and some of the most influential federal regulators.

SINGAPORE — The global shipping industry, ravaged by collapsing revenues, defensive mergers and the failure of major player Hanjin Shipping Co. slowly is waking up to the redeeming potential of technology.