Founded in late 1999, Traq-wireless has signed up more than 50 customers with an average of 1, 200 users apiece, including Burlington Northern Santa Fe Railway, FedEx Freight and Convergis.

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During one 20-minute stretch alone, three semi trucks from FedEx Freight and a smaller truck from Advanced Logistics trundled around to the back of a distribution center owned by Quanta.

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The index, which includes airlines like Delta, United and freight companies FedEx and UPS, has gained 14.7 percent this year.

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FedEx will raise its U.S. freight-shipping costs by 6.9% starting early next month.

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After a disappointing set of Q3 results from FedEx last week driven by overcapacity in the international freight industry and an unfavorable volume-mix in the express package delivery segment, we have adjusted our price estimate for the company.

FORBES: After Weak Results FedEx Looks Like A $105 Stock

FedEx Express reported a sharp 13% decline in international priority freight revenues, while international air freight revenues fell by 17% year-on-year during the third quarter.

FORBES: After Weak Results FedEx Looks Like A $105 Stock

FedEx CEO Fred Smith blamed the disappointing quarter on continued weakness in the air freight business.

FORBES: FedEx: Disappointing Q3 Profit Sends Another Warning About Slowing Asian Growth

Freight carrier UPS always seemed to be less glamorous than its competitor FedEx.

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