Business

Duane Acklie, an attorney and banker who built one of the nation’s largest truckload carriers, died Sept. 17 from complications of an extended illness. He was 84.

FedEx Corp. reported net income rose 12.7%, excluding one-time costs, for the first quarter of fiscal 2017 compared with the same period a year ago.

HOUSTON — Intermodal businesses that have become accustomed to long-term growth likely are facing tougher times ahead in the form of a recession, changing freight patterns and other obstacles.

Truckers and other transportation stakeholders last week voiced a variety of regulatory, infrastructure and funding concerns to the House Highways and Transit Subcommittee.

Hanjin Shipping Co. and its customers are being asked to pay more than usual to bring freight into U.S. ports, creating a backlog that could keep goods off shelves during the holiday shopping season.

MAN SE, the German truck-making arm of Volkswagen AG, plans to cut 1,400 jobs at its diesel-engine unit in an attempt to reverse a drop in earnings in that division

International Truck, a unit of Navistar Inc., announced that its new LT Series on-highway Class 8 tractor will come standard with a combination of collision mitigation and full stability technologies, making it the first truck manufacturer to make such features standard.

Trailer maker Wabash National Corp. reached an agreement with EconCore N.V., for the exclusive rights to manufacture and sell certain EconCore honeycomb sandwich material configurations in the containment and transportation industries in the United States, Canada and Mexico.

In order to keep the supply of gas flowing in Georgia, Gov. Nathan Deal extended the suspension of HOS rules three more days through midnight on Sept. 26.

Vnomics Corp. announced Lockheed Martin Corp., an original investor, will further invest in the company and the development of its latest technology, True Fuel.