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FedEx Corp. founder Fred Smith is stepping down as CEO of the company and transferring the leadership post to Raj Subramaniam, who currently serves as president and COO, the company announced March 28. Smith will remain as executive chairman.

Truck tonnage in February increased 2.4% compared with the same month a year ago, and American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Index equaled 115.3, the federation announced March 22.

XPO Logistics is creating two new, stand-alone, publicly traded companies in the less-than-truckload and tech-enabled brokered transportation sector, the company announced March 8.

Truck tonnage in January rose 1.2% when measured against year-ago levels, marking the fifth consecutive month for a year-over-year increase, American Trucking Associations said.

Truck tonnage in December rose a seasonally adjusted 1.4% compared with the same month in 2020 — the fourth consecutive year-over-year gain and the highest measurement since March, American Trucking Associations announced.

The United States Supreme Court on Jan. 13 blocked enforcement of the Biden administration’s proposed sweeping vaccine rules, which would have required companies with more than 100 employees — including trucking companies — to ensure workers receive a COVID-19 vaccine or undergo weekly testing and wear a mask.

Truck tonnage in November posted the strongest year-over-year gain since spring, American Trucking Associations announced on Dec. 21, as busy consumer spending both in brick-and-mortar stores and online propelled a surge in freight activity.

Truck tonnage in October posted the strongest year-over-year gain since just before summer, American Trucking Associations announced, as consumers ramped up early spending in anticipation of a busy holiday shopping season.

Truck tonnage increased on both a sequential and year-over-year basis in September, recording a 2021 high mark amid an environment where a shortage of drivers and trucks is keeping rigs fully loaded on most runs, American Trucking Associations reported Oct. 19.

Truck tonnage in August notched its first sequential monthly gain in five months, and dipped just slightly on a year-over-year basis, American Trucking Associations said.