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Schneider is acquiring Baltimore-based Cowan Systems in a $390 million deal that will expand the carrier’s dedicated trucking services. The transaction is set to close by the end of 2024.

Joe Beacom will become president of Landstar System Holdings. Matt Miller will succeed Beacom as vice president and chief safety and operations officer.

Kuehne + Nagel, a Switzerland-based global transportation and logistics company, acquired a majority stake in marine drayage provider IMC Logistics, it announced Nov. 14.

TFI International bought truckload and less-than-truckload carrier Keystone Western for an undisclosed sum, the company said in a LinkedIn post.

Since 2016, Birmingham, Ala.-based PS Logistics has acquired 27 trucking operations and five non-asset-based logistics operations in the U.S.

Hub Group profit and revenue fell in Q3 2024, but intermodal load growth mitigated the damage and the carrier’s top executive is becoming more optimistic about the freight environment.

The company's results missed expectations from investment analysts on Wall Street, who had been looking for earnings per share of 23 cents and quarterly revenue of $1.33 billion.

The Tennessee-based ground transportation and logistics services provider posted a net loss of $34.2 million, or negative $2.62 a diluted share, for the three months ending Sept. 30.

The Omaha, Neb.-based carrier’s Q3 net income fell 72% to $6.6 million, or 11 cents per share, compared with $23.7 million, 37 cents, a year ago.

XPO’s North American LTL segment, its core operation, increased revenue by 1.9% to $1.25 billion from $1.23 billion last year despite declines in shipment volumes.