Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.

Old Dominion Freight Line marked its third consecutive quarter of year-over-year revenue growth during the second quarter of 2024, the company reported July 24.

The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.

The trucking industry continued the trend of year-over-year tonnage losses in June after a brief increase the prior month, American Trucking Associations reported July 23.

XPO launched a new service aimed at expanding its cross-border services between the U.S. and Mexico, the company announced July 17.

C.H. Robinson Worldwide Inc. launched a new load-matching platform aimed at helping carriers improve efficiency, the company announced July 18.

U.S. Class 8 retail sales in June experienced their 11th consecutive month of year-over-year declines, according to data from Wards Intelligence.

J.B. Hunt Transport Services reported that second-quarter net income declined on revenue that fell just short of $3 billion.

U.S. trailer orders continued trending below the year-ago figures in June, ACT Research reported.

The trucking industry continued to weather an increase in cargo theft activity during the second quarter of 2024.