Transport Topics
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FedEx Corp. agreed to buy 50 Boeing Co. 767 freighters with a list value of about $10 billion, the model's largest-ever order, as it upgrades the fleet at the FedEx Express unit.
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NORWALK, Ohio - UPS Inc. announced it is making collision-mitigation technology from Bendix Commercial Vehicle Systems standard equipment on every Class 8 tractor the company orders.
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U.S. rail intermodal traffic rose 2.3% for the week ended July 18 as carloads continued to decline, the Association of American Railroads reported.
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UPS Inc. is in talks to buy Coyote Logistics for about $1.8 billion, two people with knowledge of the matter said.
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