Transport Topics
Knight Cuts Fourth-Quarter Earnings Forecast
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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.
UPS Expands Use of RNG in Heavy-Duty Trucks
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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.
Congress Passes Omnibus, Extends HOS Restart Review
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A review of an hours-of-service restart rule will take longer to complete under guidelines Congress approved in an expansive fiscal 2016 funding bill Dec. 18.
SkyBitz Launches Business Unit to Track Delivery Vehicles
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Trailer-tracking provider SkyBitz is broadening the scope of its business to include telematics services for local delivery vehicles.
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