Business

Continued profit improvement at the Express and Ground units helped FedEx Corp. raise overall net income in its fiscal second quarter by 4% to $691 million, or $2.44 per share.

American Trucking Associations said late last week it expects to file a court brief in support of the electronic logging mandate, after a legal challenge from the Owner-Operator Independent Drivers Association.

Canadian Pacific Railway Ltd.’s battle to acquire Norfolk Southern Corp., which was sweetened by at least 10% on Dec. 16, definitely will extend into 2016 as the potential buyer pledged a proxy fight would start by February unless there was a peaceable agreement beforehand.

The trucking industry delivered nearly 300 truckloads of Christmas wreaths to 1,100 cemeteries as part of National Wreaths Across America Day, an annual event honoring the fallen members of the military.

The U.S. retail diesel average fell 4.1 cents a gallon to $2.338, the fifth consecutive decline, leaving diesel at its lowest in nearly 6½ years, the Department of Energy reported.

SAN ANTONIO — A total of 163 truck technicians came here to compete at the Rush Truck Centers “Tech Skills Rodeo” in categories including engines, parts and body repair.

Trucking firms may find clues on how to improve the way they recruit and retain drivers by relying on the findings of comprehensive surveys and feedback from drivers, according to analysts with Stay Metrics, an Indiana-based consulting firm.

UPS Inc. said it would begin to use renewable natural gas to power 140 heavy-duty trucks in its fleets in Jackson, Mississippi, and Memphis, Tennessee, as part of a program it announced earlier to expand use of the fuel.

Knight Transportation Inc. lowered its fourth-quarter earnings estimate by about 15%, citing more moderate rate increases, fewer spot market opportunities, additional driver pay increases and reduced gains on used equipment sales.