West Coast seaport officials and trucking executives are monitoring Cosco Shipping’s $6.3 billion bid to purchase Orient Overseas International Ltd. to see how the consolidation would affect their businesses.

Each of the six publicly traded third party logistics providers, or 3PLs, is expected to announce revenue growth but only three may generate higher profits than a year ago, according to a Bloomberg News consensus forecast.

LTLs benefited from a robust second quarter with revenue growth and stronger volumes and yields year-over-year, according to industry analysts and executives.

Jon Saunders has been named CEO of Ontario, Canada-based Polaris Transportation Group, a newly created position, according to a July 6 company announcement.

The truckload industry continued to struggle in the second quarter and earnings are expected to be down year-over-year for most carriers, based on forecasts from industry analysts and interviews with several fleets.

Two major truckload carriers have announced purchases, and one of the transactions will unite companies ranked among the Transport Topics Top 100 list of the largest North American for-hire carriers: Heartland Express and Interstate Distributor Co.

Heartland Express Inc. has purchased Interstate Distributor Co. from owner Saltchuk Resources Inc. in a $113 million deal that is the latest in a flurry of mergers and acquisitions in 2017.

Driver turnover at large truckload fleets was 74% during the first quarter of 2017, a 15 percentage-point improvement over year-ago levels but slightly worse than 4Q 2016 levels, American Trucking Associations said in a report.