Wheaton Van Lines, which acquired Bekins Van Lines earlier this year, has spun off Bekins’ former trade show business to newly formed BTS Logistics, the company announced.

New trailer orders fell 19.7% to 14,199 in May from a year earlier, ACT Research reported, but trailer manufacturers said backlogs remain strong and suggested that fleets soon will need to upgrade equipment.

Consumer confidence dropped in June to the lowest level this year, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

Looking to expand further in western Canada, Manitoulin Global Forwarding, Mississauga, Ontario, said it has acquired Can-Tran International, Leduc, Alberta.

Epes Logistics said it bought brokerage firm Meredith Transport, to broaden service offerings of the Epes Carriers’ subsidiary. Terms were not disclosed.

Existing home sales declined 1.5% in May, the National Association of Realtors said Tuesday.

WASHINGTON — The fast-paced recovery most had hoped for hasn’t materialized and economists believe the country will suffer slow growth for three years, according to a report on logistics from the Council of Supply Chain Management Professionals.