Canadian National Railway has reached an agreement to buy the TransX Group of Cos. in Winnipeg, Manitoba, from founder and CEO Louie Tolaini.

Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.

USA Truck reported higher revenues and profits in the third quarter of 2018, continuing a financial turnaround started in 2017.

A year-long surge in freight volume continues despite a modest dip in a widely followed truck tonnage index over the past two months.

Groendyke Transport Inc. has agreed to purchase the tank truck assets of McKenzie Tank Lines, a bulk carrier based in Tallahassee, Fla., for an undisclosed amount.

Mullen Group reported strong revenue growth in its Canadian trucking business and expanded its oil field transportation services with a couple of key acquisitions, but the company’s profits dipped in the third quarter of 2018 as it dealt with rising costs and a decline in the value of the Canadian dollar.

Forward Air Corp. posted higher revenue but lower-than-expected earnings in the third quarter of 2018. The company also announced that it has agreed to acquire substantially all of the assets of Southwest Freight Distributors, a drayage service provider based in Dallas, for an undisclosed amount.

Landstar System reported a big bump in business, posting record earnings and revenue in the third quarter.

Knight-Swift Transportation Holdings beat analysts’ profit projections in the third quarter as cost-cutting measures implemented after the acquisition of Swift Transportation in September 2017 compensated for slower-than-expected growth in revenue.

UPS Inc. reported strong revenue growth and higher profits in the third quarter, despite international headwinds from currency valuations, rising fuel costs and ongoing investment in transformation initiatives.