Business

Universal Truckload Services reported higher fourth-quarter and full-year profits on higher truckload revenue.

After battling rivals and rising costs for years, Northeast regional truckload hauler Atkinson Freight Lines has shut its doors.

The U.S. Postal Service said it will close or consolidate 223 mail processing centers and eliminate up to 35,000 jobs as part of a cost-cutting strategy, Reuters reported Friday.

Consumer confidence rose in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

New home sales dipped 0.9% in January after hitting a one-year high the previous month, the Commerce Department said Friday.

Con-way Inc.’s fourth-quarter profit jumped as its truckload, less-than-truckload and logistics operations all improved.

Saia Inc. said its fourth-quarter operating income increased more than three fold to $6.2 million, from $1.8 million in the prior-year period.

U.S. intermodal traffic declined 5.6% for the week ended Saturday from a year ago, the Association of American Railroads reported.

Supply chain technology firm Intermec Inc. reported a fourth-quarter loss of $21.6 million, or 36 cents per share, compared to a profit of $7.9 million, or 13 cents, a year ago.

Echo Global Logistics said its fourth-quarter profit climbed 68.5% to $3.5 million, or 16 cents per share, from $2.1 million, or 9 cents, a year ago.