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Consumer confidence decreased this month, the New York-based Conference Board said Tuesday.

It has become something of a cliché that what followed the economic deregulation of trucking in the early 1980s was even more regulation, albeit in different forms.

Air and freight forwarder UTi Worldwide said its fiscal fourth-quarter net income slipped to $12.4 million, or 12 cents a share, from $14.5 million, or 14 cents, a year earlier.

Trailer Bridge Inc., which provides ocean shipping between Florida, Puerto Rico and the Dominican Republic, has emerged from Chapter 11 with Seacor Holdings as its new majority owner.

XPO Logistics announced the closing of its public stock offering late Tuesday and said it received about $137 million in proceeds.

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

Port Logistics Group said it has signed a multiyear service agreement with Canadian food retailer Loblaw Cos., the parent of the Joe Fresh clothing brand.

The Transportation Intermediaries Association will focus its attention on government regulation, particularly the Compliance, Safety, Accountability program, when the trade group convenes March 21-24 in San Antonio.