Business

The Federal Motor Carrier Safety Administration said it has ordered JBS Carriers of Greeley, Colo., to install electronic onboard recorders on its roughly 700-truck fleet.

Intermodal shipments in the third quarter of 2010 erased recession-related volume losses, climbing 20% from a year ago as container shipments of imported goods surged, the Intermodal Association of North America reported.

A lawsuit in Phoenix involving truckload carrier Swift Transportation Co. and mileage calculations reignites the topic of how carriers, shippers and drivers compute distance driven and then bill for it.

The U.S. retail diesel price average rose 4.9 cents to $3.116 last week, leaving trucking’s main fuel about a penny below its high point for the year, the Department of Energy said.

Many large carriers operating in California face a Jan. 1 deadline to have SmartWay-approved fuel efficient aerodynamic technology equipment installed on 15% of their pre-2011 trailer fleet.

FedEx Corp. said it expects to handle 223.3 million items between Thanksgiving and Christmas this year, an 11% increase over the same period last year.

Third-party logistics provider Ceva Logistics reported an increase in third-quarter earnings to 86 million euros ($117 million), a 26% increase over last year.

Consumer confidence increased this month, according to the monthly Thomson Reuters/University of Michigan consumer sentiment index released Friday.

Knight Transportation said it has declared a special cash dividend of 75 cents per share.