DSV said that the objective of these acquisitions are three-fold: to augment its position within the semiconductor industry; align with its new Phoenix-Mesa Gateway Airport operations; and support its growing cross-border services into Latin America. It added that these acquisitions are expected to be made official next month. jberman@peerlessmedia.com

The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index, for February, came in at 118.4 (2015=100), for a 1.2% increase, over January’s 117 reading. jberman@peerlessmedia.com

Four finalists were chosen as the most innovative products in each of their respective categories: Best New Innovation, Best Innovation of an Existing Product, and Best IT Innovation based on concept, value, and impact. jberman@peerlessmedia.com

Phoenix-based Knight-Swift Transportation, already the biggest player in the TL market at $4.5 billion revenue last year, is buying Chattanooga, Tenn.-based U.S. Xpress, which ranked ninth in TL revenue last year at $2.2 billion. The deal is valued at $808 million, including assumption of $484 million of debt. jberman@peerlessmedia.com

The American Trucking Associations (ATA) expressed what it called its “grave concerns” about media reports that the Environmental Protection Agency (EPA) may be on the verge of granting the state of California waivers to implement potentially harmful and unrealistic emissions rules on the industry. Under California rules, new Class 8 heavy truck models would be zero-emission next year. Diesel and gasoline-powered drayage trucks must retire after 18 years to guarantee that they meet a zero-emission requirement by 2035. jberman@peerlessmedia.com

The national average decreased 6.2 cents, to $4.185, following a 3.5-cent decline, to $4.247, for the week of March 13. jberman@peerlessmedia.com

In our latest Special Digital Issue, Logistics Management has curated several feature stories that neatly encapsulate the rise of automated systems and related technologies that are revolutionizing how warehouse and DC operations work. jberman@peerlessmedia.com

Ready to welcome a steady incoming flow of conference attendees, introduce the world to a host of new industry innovations and provide a full lineup of fun events all week long, ProMat 2023 opened its doors to the world at 10 a.m. CST this morning. jberman@peerlessmedia.com