Transport Topics
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Memphis International Airport recorded a modest decline in cargo in November, pointing to a slight slowdown by dominant cargo handler FedEx.
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Amazon.com is negotiating to lease 20 Boeing 767 jets for its own air-delivery service, cargo-industry executives have told The Seattle Times.
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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.
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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.
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