The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight insights gained from Full Truck Alliance's looming IPO, Knight-Swift's latest acquisition and more.

The High Five

2. Navistar International Corp. is paying $50 million to settle claims that it overcharged the U.S. Marines for suspension systems on armored vehicles, clearing another issue ahead of its merger with Volkswagen AG's TRATON Group. Alan Adler with more

3. Knight-Swift Transportation has acquired third-party logistics provider UTXL in a $22.5 million transaction. As a licensed broker for more than 20 years, UTXL specializes in full truckload, multistop, expedited and less-than-truckload shipments throughout North America. Todd Maiden's report

4. The Surface Transportation Board has asked the Class I railroads through a series of recent letters to keep in close touch with regulators as the U.S. economy recovers, fall peak approaches, and port congestion and limited chassis availability clog the supply chain. Joanna Marsh's story

Five more to check out

Project44 raises $202M in Series E, boosts value to $1.2B

Power Index: Top 10 Biden regulatory reviews affecting freight markets

CTA asks for en banc hearing as it seeks to keep AB 5 out of California's trucking sector

What it means to haul The Wall that Heals

Haul of Fame: NEMF's 2019 bankruptcy shocked LTL sector

Image Sourced from Pixabay