The weekly average intermodal rail volume for January rose to the highest level on record for the month, the Association of American Railroads reported.

Union Pacific Corp. announced that it has named Lance Fritz president of Union Pacific Railroad, its chief operating company.

Wabash National Corp. reported its fourth-quarter net income dropped, but revenue increased.

Forward Air Corp. said Feb. 6 it completed its $95.6 million acquisition of Central States Trucking Co. and Central States Logistics.

U.S. rail intermodal traffic increased 3% in the week ended Jan. 25 compared with the same week last year, the Association of American Railroads reported.

Canadian freight railroad Canadian Pacific’s fourth-quarter net income rose to C$82 million, or 47 Canadian cents per share, from C$15 million, or 8 cents, a year earlier.

Swift Transportation Co. said its fourth-quarter profit fell as expenses such as salaries, supplies and claims increased.