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Knight-Swift expressed optimism that capacity reductions will help improve market conditions, though the truckload carrier posted a net loss attributable to itself of $6.8 million in Q4.

Amazon is gearing up to ax thousands more corporate employees, ratcheting up efforts to streamline bureaucracy. The company plans to start rolling out the terminations as early as next week.

Echo Global Logistics will buy third-party logistics provider ITS Logistics for an undisclosed sum from private equity firm GHK Capital Partners, the companies said Jan. 21.

FedEx has filed to spin off its freight division into its own stand-alone business, the company announced Jan. 16. The separation is on schedule to be completed June 1.

Southeastern Freight Lines joined the ranks of less-than-truckload carriers beefing up their cross-border operations as the value of trade between the U.S. and Mexico increases.

Penske Logistics is set to introduce an artificial intelligence platform that will aid key supply chain segments in tracking shipments.

Murfreesboro, Tenn.-based Store Opening Solutions specializes in retail fixture, furniture and equipment inventory. It will become part of the Koch Logistics division.

Amazon is planning a 229,000-square-foot store selling groceries and general merchandise in the Chicago area, a fresh attempt at physical retail that borrows from stores like Walmart and Target.

The freight market outlook is underwhelming, with marginal rate increases unlikely to cover the ongoing rise in carriers’ costs, according to FTR Transportation Intelligence analysts.

Ryder System acquired Georgia mobile truck and trailer maintenance specialist Truck Service Depot on Jan. 6 for an undisclosed sum, the company said.