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Air and ocean freight forwarder Expeditors International of Washington reported sharply higher profits and strong revenue growth in the second quarter of 2018.

Publicly traded trucking firms have seen record-setting freight in the first half of this year but their stock prices have lagged as cautious investors pulled back from a long-running bull market and an industry that can’t find enough drivers to haul its loads.

South Korea’s CJ Logistics will take majority control of Des Plaines, Ill.-based DSC Logistics in a deal expected to close in the third quarter.

Lineage Logistics has acquired Service Cold Storage in Stevens Point, Wis., along with a portfolio of four leased cold-storage warehouses located in Georgia, Louisiana, South Carolina and Virginia.

The connection between Schneider, one of the nation’s largest truckload and logistics service providers, and venture capital fund 8VC is deepening with the appointment of Shaleen Devgun, chief information officer and executive vice president at Schneider, as an adviser to the San Francisco-based investment firm.

International logistics giant DHL has been active in the United States this spring, laying the foundation for a major marketing and education center and growing a service facility in Florida.

This spring, a struggle for market share in online tire retailing turned into a battle for dominance as giants Goodyear and Bridgestone paired off against Amazon and Sears.

Ryder System Inc. has launched a smartphone app that permits commercial fleet users to get a vehicle into a repair facility for either scheduled or unexpected maintenance and also compare real-time fuel prices.

Transportation industry veteran John Smith will become president and CEO of FedEx Freight on Aug. 16, moving up from his position as senior vice president of operations at the FedEx Corp. subsidiary.