Intermodal traffic grew at the fastest pace in nearly three decades during 2010, and the combination of a strengthening economy and tightening truck capacity will spark further growth this year, the Intermodal Association of North America reported.

Consumer confidence rose to an eight-month high this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

Express-1 Expedited Solutions’ second-quarter profit rose to $820,000, or 2 cents per share, from $601,000, or 2 cents, a year earlier.

Logistics firm DHL said it will spend $22.5 million to expand its hub at Cincinnati/Northern Kentucky International Airport, adding nine new aircraft gates.

Intermodal traffic volume rose 12.8% in the fourth quarter of 2010, ending the year 14.7% higher than 2009, the Intermodal Association of North America said.

Logistics firm United Vision Logistics named Howard Hoffman its permanent CEO, the company said Tuesday.

Echo Global Logistics has announced plans to introduce new transportation management software that is tailored to the needs of large shippers who do not have their own systems.

The freight-trailer industry rebounded sharply during 2010, with orders more than doubling to 166,500 and shipments rising 52% over 2009 to 119,900 units, ACT Research Co. reported.