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A.P. Moeller-Maersk A/S reported an 84% plunge in 2015 profit after its oil unit was hit by lower energy prices and the container division got squeezed between sluggish trade growth and overcapacity. The shares fell the most in almost a year.

XPO Logistics Inc. filed suit against YRC’s Freight unit, claiming that the company poached seven management employees, including two vice presidents, and stole trade secrets around the time that XPO was completing the acquisition of Con-way Inc.

CSX Corp. and Norfolk Southern Corp. told the Federal Railroad Administration they won't make the 2018 deadline for full implementation of positive train control.

Total Quality Logistics is planning to open a sales office next month at Blackthorn Corporate Park on the northwest side of South Bend, Indiana.

New trailer orders in the United States reached 315,000, the second-highest annual total, while a growing backlog pushed total shipments to an annual record, ACT Research reported.

XPO Logistics said it has cut another 190 jobs, primarily at its less-than-truckload unit, to save more than $20 million annually.

Swift Transportation Co. improved fourth-quarter net income by 24% to $72.5 million, or 51 cents per share, helped by operational improvements throughout the company and improved profits at its dedicated freight unit.

U.S. trailer orders for 2015 fell 11% compared with 2014 to slightly more than 315,000, but shipments of trailers hit an all-time high as they climbed to more than 300,000, ACT Research said.

When CSX announced earlier this month that it would build a $272 million container hub in Johnston County, Jennifer Edwards found out at the same time as everyone else — but in a much different way.