BLOOMINGTON, Minn. — Thermo King said it will offer a new line of trailer transport refrigeration units in January that took $60 million and three years to develop.

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

XPO Logistics is on course to reach $500 million in annual revenue by year-end, buoyed by the recent purchase of Kelron Logistics, which will add more than $100 million annually to sales, said Bradley Jacobs, XPO’s chief executive officer.

Trailer Leasing Alliance LLC, Wayne, Pa., said it has launched full-service trailer leasing operations with 16,000 late-model 53-foot trailers.

Getloaded, an online logistics freight matching company has integrated its software with popular management software companies McLeod and Infinity Software.

Canadian carrier Contrans Group’s second-quarter profit rose, in part on acquisitions, the company said.

MINNEAPOLIS — ABF Freight System truck driver Ralph Garcia had to make a choice between being at the hospital for the birth of his first grandson or competing here in the 2012 National Truck Driving Championships.

Third party logistics company, Cardinal Logistics Management Inc., has been sold to New York private equity firm Centerbridge Partners LP.

XPO Logistics reported a second-quarter loss and  said it had acquired Canada-based Kelron Logistics for $8 million.

New trailer orders edged up 1.3% to 13,615 in June from a year ago, ACT Research said, with most manufacturers continuing to report healthy backlogs.