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FedEx announced March 17 that year-over-year quarterly net income for its fiscal third quarter fell 57% to $315 million, compared with $739 million in the same period a year ago. But Q3 revenue rose 3% to $17.5 billion from $17 billion a year ago.

CRST International on March 2 announced it had acquired final-mile specialist NAL Group. Financial terms of the agreement were not made public.

FedEx Corp. plans to electrify 42 FedEx stations in California, in the next phase of its electric vehicle rollout — calling it one of the largest deployments of integrated charging infrastructure by a single commercial fleet to date.

Danish company DSV Panalpina is opening a route between Alabama and China in response to shipping cutbacks over the coronavirus.

Atlas Logistics acquired full-service logistics company TopHat Logistical Solutions in a deal announced Feb. 19.

CHINO, Calif. — For-hire carrier NFI is planning broader adoption of electric Class 8 trucks after six months of testing the Freightliner eCascadia in Southern California, the company said.

XPO Logistics Inc. will lay off 304 workers at an AllianceTexas distribution center in April, according to a notice filed with the Texas Workforce Commission.

Ryder System Inc. reported record fourth-quarter revenue and a loss in earnings due to previously announced expenses.

Six months after being named interim CEO of Addison, Texas-based Daseke Inc., Chris Easter was named the flatbed carrier’s permanent CEO on Feb. 7.

Werner Enterprises posted declines in fourth-quarter and full-year profits but came in ahead of Wall Street expectations for its Q4 profit.