Norfolk Southern Corp. said its third-quarter profit increased 16% and revenue rose 7%.

Secret changes by Trinity Industries Inc. to its guardrail systems were found by a jury to have cheated the U.S. government, exposing the company to $1 billion in liability and sending shares plummeting as states question the safety of the product.

Kansas City Southern’s third-quarter net income rose to $138 million, or $1.25 a share, from $119 million, or $1.07, a year ago.

Specialty trailer manufacturer Antares Equipment recently introduced a new 48-foot flatbed trailer with a fixed wide-spread air suspension.

Canadian Pacific Railway Ltd. said talks about a possible merger with CSX Corp. have ended and no further conversations are planned.

Consumer confidence in the U.S. unexpectedly rose in October to the highest level in seven years, showing a brightening in Americans’ moods as gas prices drop and the labor market gains traction.

U.S. rail intermodal traffic increased 4.8% in the week ended Oct. 11 compared with the same week last year, the Association of American Railroads reported.

U.S. railroads are rallying customers, including lumber and steel companies, to fight a government proposal to slow trains hauling crude oil.

CSX’s net income increased to $509 million, or 51 cents a share, from $455 million, or 45 cents, a year earlier.