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FedEx Corp. continued efforts to improve profitability during its fiscal third quarter despite navigating an especially challenging operating environment, the company said.

FedEx is the latest U.S. company to sound the alarm over weakening consumer confidence and potential fallout from President Donald Trump’s escalating trade war.

Creditors of defunct trucking firm Yellow Corp. will submit their own plan in coming days on how to split up the company’s remaining $550 million of cash and end its bankruptcy case.

Transport Topics presented Sustainability Pathfinder awards to IMC Logistics and Werner Enterprises for their exemplary efforts to improve freight efficiency and curb emissions.

Kenan Advantage Group will buy Mobile, Ala.-based Evergreen Transport for an undisclosed sum, adding to the ongoing expansion of its dry bulk operations.

The collapse of auto hauler Jack Cooper Transport is expected to provide an initial tailwind for other carriers in the sector, and possibly stimulate some appetite for mergers.

TFI International reversed its decision to move its legal headquarters to the U.S., saying it was backing down after shareholders expressed opposition to the idea.

During TFI’s Q4 2024 earnings call with analysts Feb. 20, the company’s top executive said he did not expect any major acquisitions in 2025, after previously promising substantial ones.

Canadian trucking and logistics company TFI International Inc. said it will move its headquarters to the U.S., earning criticism from one of its largest shareholders.

The Montreal-based carrier saw its truckload unit revenue jump 64% to $693.2 million, but revenue at the LTL and Logistics divisions fell by 13% and 14%, respectively.