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UPS Inc. cut its annual profit target on a spike in costs from a new union labor contract and weaker package demand.

TFI International profits in the third quarter slumped 45.6% year-over-year, with the Canadian company primarily citing weaker market conditions, especially in the truckload market.

Ryder System Inc. is to buy IFS Holdings, also known as Impact Fulfillment Services (IFS), for an undisclosed sum, the Miami-based company said Oct. 23.

Some fleet operators are finding the right balance between software use and customization to map better routes, save money and simplify a wide array of functions.

Roadrunner is now offering free less-than-truckload freight delivery if the shipment does not arrive on the promised date, it said.

Knight-Swift Transportation Holdings Inc. on Oct. 19 reported that its third-quarter earnings dropped by 69% year-over-year, even as revenue increased.

Mullen Group posted an increase in earnings despite a decline in overall revenue during the third quarter, the company reported Oct. 19.

Marten Transport experienced a decline in revenue and earnings amid tough market conditions during the third quarter, the company reported Oct 18.

AUSTIN, Texas — Autonomous truck developers and their industry partners see opportunities for this technology to improve road safety and create more desirable jobs for drivers.

The administrators of Yellow Corp. aim to use auction houses to sell off the bankrupt less-than-truckload carrier’s rolling stock, according to court filings.