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Logistics giant FedEx said in a Feb. 26 statement that it will return any tariff refund it might get to shippers and customers who paid them.

After the Supreme Court struck down President Trump’s global tariffs, transportation firms face uncertainty over whether and how billions in collected duties will be refunded.

Forward Air posted a fourth-quarter loss of $36.4 million while focusing on its improvement initiatives, the company reported Feb. 23.

FedEx CEO Raj Subramaniam believes technological advancements around digital intelligence have set the current moment apart, with their ability to act as a value multiplier.

TFI International saw earnings and revenue decline as 2025 drew to a close, but CEO Alain Bédard noted LTL segment operating ratio improvement and strong cash flow for the carrier.

The embrace of technology was clear at Manifest 2026, where speakers and exhibitors presented ways the transportation sector can become smarter and faster by implementing AI and robotics.

“We see signs of encouragement for the industry and Werner as we move into 2026,” Werner CEO Derek Leathers said during a call with investors.

Old Dominion Freight Line doubled down on improving operations and services after reporting a drop in revenue for the fourth quarter of 2025.

As a result of the impairment charge and lower revenue from the ongoing freight rate recession, Heartland’s operating ratio spiked to 112.7. OR without the impairment charge was 101.6.

The Fort Smith, Ark.-based logistics company posted a net loss from continuing operations of $8.12 million, or a loss of 36 cents a diluted share, for the three months ending Dec. 31.