For-Hire

PS Logistics announced its refrigerated carrier Purdy Bros. Trucking, based in Loudon, Tenn., completed the acquisition of certain transportation assets of Phoenix Leasing of Tennessee Inc.

CHATTANOOGA, Tenn. — U.S. Xpress Enterprises is hitting the brakes on its spending, cutting its nondriving staff by another 5% this month and looking for ways to dispose of extra real estate and trim other expenses to offset rising costs amid signs of a shipping slowdown in some industries.

CHATTANOOGA, Tenn. — The distance a battery-powered tractor-trailer can travel before recharging is “the big holdup” for the adoption of electric trucks, a top official for Chattanooga-based Covenant Logistics said Aug. 23.

High school students in Hamilton County, Tenn., can explore careers in supply chain management and logistics through a new Future Ready Institute that’s launching this fall.

XPO Logistics Inc. on Aug. 4 reported record revenue and net income for the second quarter, part of a busy week for the Greenwich, Conn.-based company.

XPO Logistics Inc. announced that Mario Harik will succeed Brad Jacobs as CEO of XPO and join the board of directors following XPO’s planned spinoff of its tech-enabled brokerage platform.

U.S. Xpress Enterprises posted revenue gains but sluggish earnings during the second quarter of 2022, the company reported Aug. 3.

Werner Enterprises achieved its eighth consecutive quarter of record earnings per share during the second quarter of 2022, the company reported Aug. 3.

Schneider National launched a new digital marketplace that aims to give bulk shippers more flexibility and visibility, the carrier announced Aug. 4.