American Trucking Associations predicts that freight volumes will grow 2.8% this year and then 3.4% per year through 2023,

Jack Cooper Holdings Corp., North America’s largest autohauler, successfully completed negotiations with two groups of debtholders allowing the carrier to avoid a Chapter 11 bankruptcy proceeding and retire $429.2 million worth of debt.

The disappointing first quarter continued as three more truckload companies reported lower bottom-line results than a year ago, blaming the still-abundant capacity and a poor contract rate environment.