Business

By adding money laundering to the charges against FedEx Corp., federal prosecutors are trying to force the package-shipping company to settle its drug-trafficking case, attorneys and analysts said.

Truck tonnage rose 3.6% last month over July of last year, helped by the improving pace of factory orders and new home construction, American Trucking Associations reported.

TMW Systems announced a partnership with 3Gtms to provide a broader set of services to companies such as third-party logistics operators and brokers that manage both asset-based and non-asset-based freight services.

PeopleNet announced a distribution agreement with supplier Pana-Pacific aimed at bringing its mobile fleet-management technology to small fleets.

The U.S. Department of Transportation moved forward on writing rules that may mandate automakers’ use of talking-car technology, saying more than a thousand lives a year might be saved on the nation’s roadways.

A.P. Moeller-Maersk A/S raised its full-year profit forecast after the company’s container-shipping line, the world’s largest, said earnings are rising because of higher freight volumes and lower costs.

Housing starts surged in July to the highest level in eight months, underscoring the recent pickup in builder optimism and showing more traction in the residential real estate market.

The cost of living in the U.S. climbed in July at the slowest pace in five months, indicating price pressures remain limited even as the economy picks up.

Celadon Trucking Services has purchased 1,500 tractors, a mix of Kenworth T680s and LoneStar and ProStars from International.