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

Hub Group Inc.’s fourth-quarter profit rose 11% as its intermodal and truck brokerage operations improved.

BX Solutions, a Toledo, Ohio-based third-party logistics provider, has launched an expanded “time-definite” transportation network connecting 31 cities in the Midwest and Southeast.

Canadian freight railroad Canadian Pacific’s fourth-quarter net income fell to C$15 million, or 8 Canadian cents per share, from C$221 million, or C$1.31, a year earlier, on restructuring charges.

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Intermodal freight growth sagged in the fourth quarter due to disruptions from Superstorm Sandy and labor unrest at ports, industry officials said.

Trailer manufacturer Wabash National Corp. said Friday it has agreed to buy the tank and trailer business of Beall Corp., a maker of aluminum tank trailers and related equipment, for $15 million.

Fidelitone Logistics said it has merged with Virginia-based third-party logistics firm Purnell Furniture Services to expand its delivery services to furniture retailers in the eastern part of the country.