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FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.

Knight-Swift Transportation Holdings has reached an agreement to acquire U.S. Xpress for approximately $808 million, the companies announced March 21.

Truck tonnage rose 1.5% in January and maintained the steady, positive pace on which it ended 2022, according to American Trucking Associations’ For-Hire Truck Tonnage Index.

Truck tonnage rose 3.8% in 2022 compared with 2021, posting the highest year-over-year gain in four years despite modest December results, American Trucking Associations reported.

C.H. Robinson on Jan. 3 announced the departure of CEO Bob Biesterfeld, and set in motion a process to find a permanent replacement while tapping an interim leader from its board of directors.

Truck tonnage inched up year-over-year in November, but for the second consecutive time declined on a month-to-month basis amid a tepid seasonal environment, American Trucking Associations said with the release of its monthly For-Hire Truck Tonnage Index.

Truck tonnage in October increased compared with year-ago levels but declined on a month-to-month basis, a sign that the freight market is reacting to economic and consumer trends, American Trucking Associations said.

Truck tonnage in September increased 5.5% when measured against the same month a year ago, and on a sequential basis it rose 0.5% from August, according to American Trucking Associations.

Truck tonnage in August surged 7.4% when measured against the same month a year ago, and on a sequential basis it rose 2.8% from July, according to American Trucking Associations.