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USA Truck Inc. has sued Knight Transportation, which is trying to acquire USA Truck, for breach of contract, claiming that Knight breached a confidentiality agreement between the two companies.

Citing a weak rate environment and squeezed productivity, Knight Transportation Inc. joined two large truckload carriers in scaling back third-quarter earnings expectations.

The Teamsters union notified ABF Freight System that strike authorization ballots are being sent Oct. 8 to workers covered by a Central Region supplemental agreement that has been voted down twice.

Navistar International Corp. said $200 million of senior subordinated convertible notes have been priced to pay a 4.5% interest rate.

CRST Expedited Inc. announced plans to spend more than $10 million over the next year for pay increases to attract new drivers, compensate drivers for recent productivity losses and provide performance-based bonuses for top drivers.

American Trucking Associations’ advanced seasonally adjusted tonnage reached another all-time record last month, rising 6.9% year-over-year to 126.9 as trucking activity continued to improve.

FedEx Corp. reported Sept. 18 fiscal first-quarter net income for the period ended Aug. 31 increased 6.5% to $489 million, or $1.54 per share, as profit rose in each of the company’s business segments.

Teamsters at UPS Inc. will vote again starting Sept. 18 on seven of the 17 supplemental agreements that were rejected in June when the national master agreement was approved, the union has announced.