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Second-quarter earnings in the less-than-truckload sector mostly trended upward, fleets said last week, although profitability at the third-largest LTL carrier, Con-way Freight, declined by 16%.

More than 265 carriers, including dozens from the Transport Topics Top 100 list, are seeking to dismiss claims by the trustee for bankrupt freight payment firm TransVantage.

Union Pacific Corp. selected CEO Lance Fritz to become its chairman Oct. 1 when Jack Koraleski retires from the post after 43 years at the railroad.

YRC Worldwide Inc. reversed a year-earlier period loss and posted second-quarter net income of $26 million, or 80 cents per share, helped by improving rates and declining injury-related costs.

Net income fell 18% at Con-way Inc. in the second quarter, pushed down by weaker results at its less-than-truckload and truckload businesses.

Roadrunner Transportation Systems Inc. announced the acquisition of Stagecoach Cartage and Distribution, a cross-border logistics specialist, for at least $35 million to expand the buyer’s U.S.-Mexico services.

Truck-rail intermodal companies are standing on peaks of record volume, but an array of operational, financial and technical issues will challenge their ability to sustain current levels and continue growing, industry experts said.

Several of the nation’s largest truckload fleets last week reported higher second-quarter earnings, benefiting from higher prices as industrywide rates stand at record levels.