For-Hire

Forward Air Corp. will expand its expedited less-than-truckload service offering in the Chicago area with a new terminal in Bolingbrook, Ill., the company announced Feb. 6.

ArcBest experienced a decline in earnings year-over-year on moderate revenue gains during the fourth quarter of 2022, the company reported Feb. 3.

Schneider experienced an 18% year-over-year drop in fourth-quarter earnings, the company reported Feb. 2.

Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the fourth quarter of 2022, the company reported Feb. 1.

FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving measure as economic concerns and waning e-commerce weigh on demand for package delivery.

FedEx Corp. is rolling out a new system for evaluating its delivery contractors that rank them like Olympic medal winners.

Covenant Logistics Group Inc. saw a 35% year-over-year decline in earnings amid marginal revenue improvements during the fourth quarter of 2022, the company reported Jan. 25.

Marten Transport reported higher fourth-quarter earnings, marking its 16th consecutive year-over-year increase.

Former USA Truck CEO James Reed has joined autonomous truck technology company Kodiak Robotics, the company announced Jan. 19.

Wabash announced two long-term agreements, one with a carrier to create an extended backlog and one with a supplier to enhance supply surety.