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Air and ocean freight forwarder Expeditors International of Washington reported sharply higher profits and strong revenue growth in the second quarter of 2018.

MNX Global Logistics, a company that arranges for expedited delivery of pharmaceuticals and other high-value goods, has a new owner. Boston-based Audax Private Equity announced July 10 the acquisition of MNX from The Riverside Co.

A second Penske Truck Leasing facility has opened in Hawaii, located on the west side of the island of Oahu in Kapolei, the company announced Aug. 1.

Allied Beverage Group, a large New Jersey beverage distributor, has requested that the company’s shorthaul drivers utilizing the record of duty status exception be allowed to return to their work-reporting location within 14 hours instead of the usual 12 hours, the Federal Motor Carrier Safety Administration announced Aug. 3.

A three-year turnaround in the operations and culture at U.S. Xpress Enterprises helped the Chattanooga, Tenn., trucking firm raise more than $250 million in an initial stock offering in June and deliver its best operating ratio in two decades this spring.

YRC Worldwide Inc. reported a decline in second-quarter net income, even as operating revenue increased.

XPO Logistics posted its best-ever second quarter as a strong economy generated demand for freight hauling and logistics services, and the company was able to capitalize on a shift toward greater outsourcing of transportation by shippers.

In the midst of a buoyant economy, less-than-truckload carrier Saia Inc. on Aug. 1 reported record second-quarter earnings. Saia said operating revenue was up nearly 18%, reaching nearly $428.7 million, or $1.18 a share, compared with $364.4 million, or 69 cents a share, for the same period in 2017.

Port of Vancouver administrators, along with political and industry leaders, stood atop a small stage in a largely vacant marine terminal the morning of July 31 to celebrate the completion of the $251 million West Vancouver Freight Access project.