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Schneider National’s logistics unit said Monday it has signed a stock purchase agreement to acquire American Overseas Air Freight, an international freight forwarder and a customs broker.

Flatbed carrier Smithway Motor Xpress Corp. said Monday that its fourth-quarter profit almost doubled, jumping 95% to $755,000 or 15 cents a share, from $387,000 or 8 cents a year earlier.

Truckload carrier U.S. Xpress Enterprises said Monday it has reached agreements in principle to increase its ownership interest in Arnold Transportation Services and Total Transportation of Mississippi to 80%, from 49%, for $7.8 million in cash.

Truckload carrier Knight Transportation said late Friday that Richard Lehmann has been elected as a director and that Timothy Kohl, a director and the president of Knight Transportation, stepped down from the company’s board.

The national average price for self-serve regular unleaded gasoline fell 3 cents to $2.30 a gallon over the past three weeks, according to the latest Lundberg Survey of filling stations released Sunday.

MHF Logistical Solutions said it developed a sensor with a long-lasting battery that will allow its customers to remotely monitor rail cars, containers and their contents.

Canadian transportation and logistics firm TransForce Income Fund Friday reported record results for its fourth quarter, with a profit of $31.3 million or 41 cents a share, up from $17.5 million or 30 cents a year earlier.

The U.S. trade deficit widened to a record for a fourth straight year in 2005 as both Chinese imports and energy prices soared to record high levels, Bloomberg reported Friday.

UPS Inc. and Ryder System each said late Thursday they were boosting their stock dividends.

Click here to write a Letter to the Editor. The trucking industry is being overtaxed. Federal and state tax liabilities are rising at a more rapid rate for trucking than for the air and rail carriers with which motor carriers compete.