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Union Pacific Corp.’s third-quarter profit increased 16% from a year ago as higher prices offset slower growth in shipments and fuel costs.

Logistics executives believe their businesses will continue to grow, while pressures to find new product sourcing options and talented workers will increase, a new survey has found.

Kerry Logistics Network has disclosed it has won a contract with Hugo Boss AG to manage distribution of the German fashion designer’s goods in China.

Forward Air Corp. said late Wednesday its third-quarter net income rose to $12.9 million, or 44 cents per share, from $8.9 million, or 31 cents, a year ago.

CSX Corp. said its third-quarter net income rose to $464 million, or 43 cents per share, from $414 million, or 36 cents, a year ago.

A surge in tank truck business, spurred by oil and shale gas drilling, is fueling an “incredibly hot” market for tank trailers to haul crude oil, sand and related products, industry officials said.

Consumer confidence declined this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

FedEx Ground, the small-package ground unit of FedEx Corp., on Wednesday announced the opening of a new $100 million distribution hub.

Menlo Worldwide Logistics has announced it is rolling out Menlo Transportation Services as a single, unified service to complement other supply chain and logistics offerings.