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The Phoenix-based truckload motor carrier posted net income of $34.2 million, or 21 cents a diluted share, for the three months ending June 30. That was 68.7% higher than last year.

“Customers who want to begin using the new classes now are welcome and encouraged to do so; there is no requirement to wait until Dec. 1,” the company told Transport Topics.

The Cookeville, Tenn.-based transportation and logistics company said these regional drivers saw their compensation increase to 64 cents per mile.

A Queens, N.Y.-based building firm, Kordun Construction, bought the most expensive property of the four — a Plainview, N.Y., service center — for $4 million.

McReynolds has spent 28 years with ArcBest, including the past 15 as CEO. She was ArcBest’s chief financial officer before becoming the top executive.

ArcBest offered the latest window into what to expect from the long-awaited Tesla Semi battery-electric tractor, including energy consumption ratings matching its diesel peers.

As one of the top expenses for trucking companies of all types and sizes, tires go a long way toward determining a motor carrier’s profitability and success.

The Texas Supreme Court has ruled in favor of Werner Enterprises, reversing a $100 million jury verdict against the motor carrier upheld by an appellate court.

FedEx reported gains in fourth-quarter revenue and earnings on the heels of a profitability initiative that helped counter market headwinds, but cut its guidance amid trade worries.

The company is seeking to broaden its range of low-cost offerings through the program, said people familiar with the matter, who asked not to be named because the test hasn’t been announced.