Lori Systems, a logistics startup based in Kenya, Africa, recently announced expansion into Uganda, Rwanda and South Sudan.

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.

Citing the strong U.S. economy and available capacity, Old Dominion Freight Line Inc. produced record results for revenue and profitability during the third quarter, CEO Greg Gantt said Oct. 25.

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

UPS Inc. and Seattle Mayor Jenny Durkan announced Oct. 25 the parcel delivery company will begin a pilot project aimed at reducing congestion downtown and addressing air quality concerns. Delivery drivers will use electric pedal-assist cargo bicycles with a customized modular trailer attached to the back of the bike.

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.

Kansas City Southern on Oct. 19 reported record revenue for the third quarter, buoyed by a 17% increase in chemical and petroleum products and an 8% jump in automotive and intermodal shipments.