UPS Inc. profits essentially were flat year-over-year in the third quarter, ticking down about 0.5% or $6 million as the parcel giant also announced a 4.9% rate increase effective Dec. 24 to match other less-than-truckload carriers.

Landstar System posted stronger-than-expected earnings Oct. 25, with net income rising 17% year-over-year in the third quarter, easily surpassing the Bloomberg News consensus forecast.

Direct ChassisLink Inc. has signed an agreement to make a major acquisition, purchasing the entire domestic chassis fleet from competitor Trac Intermodal.

Railroad freight earnings were mixed in the third quarter, with Norfolk Southern Corp. recording stronger earnings but Canadian National Co. slipping slightly, in announcements Oct. 24 and Oct. 25.

The peak 2017 shipping season remains red hot, with nearly every major port reporting greater container traffic in September than a year ago.

Two weeks after Universal Logistics Holdings offered a bright outlook for its third-quarter earnings report, the company reversed course Oct. 19, telling investors that a jury verdict will knock it back once again.

Kansas City Southern reported profits rose 7.2% in the third quarter on strength in automotive, energy, intermodal and petrochemical transportation, despite suffering a financial blow of up to $23 million in operating income from Hurricane Harvey.

The freight railroad industry began the earnings season on a positive note. CSX Corp. scratched out a small win and Canadian Pacific Railway easily surpassed year-ago levels as the industry continues to rebound in 2017.

Truck drivers took six fewer minutes to enter and exit the two large Southern California ports last month compared with September 2016, although one year ago, Hanjin Shipping rattled the supply chain when it abruptly shut its doors Aug. 31.