Rickmers-Linie has added a tenth vessel to its eastbound Round-the-World Pearl String Service.

Class 8 orders remained above 20,000 units for a seventh consecutive month in April, rising to their second-highest volume in sixteen months. April Class 8 net orders totaled just over 23,200 units.

The Stifel Logistics Confidence Index continued its downward trend in May as it fell for the second consecutive month. Compiled by Transport Intelligence, the overall index, which combines the current situation with future expectations, was down 0.8 points from April to 50.7 in May and was 1.3 points lower compared with the same month in 2012. Yet, even with deteriorating confidence, the Logistics Confidence Index registered above the 50 threshold, indicating growth, for the fourth consecutive month. An index value of 50 indicates no change in the volumes currently being experienced for the time of year; above 50 indicates higher volumes, while below 50 indicates lower volumes.

HighJump Software Inc. has entered into a technology partnership with Mainstreet Commerce.

Although fleet bankruptcies get most of the attention, the slow, steady and largely unnoticed downsizing of fleets will have a major impact on freight capacity as tonnage picks up, according to Derek Leathers, president and COO of Werner Enterprises.

Basware, a provider of electronic invoicing and purchase-to-pay technology, has released several new products.