°®¶¹´«Ã½

U.S. rail intermodal traffic rose to the second-highest level this year for the week ended June 6, the Association of American Railroads reported.

Consumer confidence in the U.S. slipped last week to a six-month low as views of the buying climate softened, indicating a re-acceleration in household spending may be slow to materialize.

U.S. rail intermodal traffic surpassed carload volume in May for the first month on record, the Association of American Railroads reported.

Echo Global Logistics Inc. has completed its previously announced $420 million acquisition of Command Transportation, combining two of the eight largest freight brokerage firms in North America.

XPO Logistics Inc. will sell $2 billion in notes to provide the balance of the financing for its planned acquisitions of French logistics company Norbert Dentressangle SA and drayage carrier Bridge Terminal Transport Services Inc.

DHL said May 29 it is investing $108 million in its Cincinnati/Northern Kentucky airport hub to meet growth demand in international e-commerce and global trade growth.

Consumer confidence in the United States fell to a six-month low in May as Americans became less sanguine about the prospects for the economy.

With tight capacity compelling carriers to get more selective about the freight they’ll haul, shippers are working to strengthen relationships with the companies that deliver their goods.