U.S. third-party logistics gross revenues topped $110 billion for the first time last year, according to a report on the 3PL industry released this week.

The Justice Department said Tuesday it will not oppose a proposal by the National Association of Small Trucking Companies to conduct an operational and financial survey of small- and medium-sized trucking firms.

Norfolk Southern Corp. said its first-quarter earnings will be 3% lower than a year earlier, as its freight shipments declined.

Transportation and third-party logistics firm Pacer International lowered its full-year earnings guidance, said it would consolidate some operations and said its board authorized a buyback of up to $100 million of the company’s stock.

After falling by less than a penny in each of the past two weeks, the national average price of diesel fuel jumped 11.4 cents Monday to $2.79 a gallon, the Energy Department reported.