Logistics company DB Schenker USA announced that it is closing a domestic freight sorting hub in Toledo, Ohio, and shifting contractors to move its cargo, a step that cost 700 people their jobs.

CRST International said it has acquired Specialized Transportation Inc., formerly the high-value products/logistics division of North American Van Lines.

Consumer confidence fell to a two-year low in July, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

Intermodal traffic increased 0.8% last week from a year ago, the Association of American Railroads reported.

Chrysler Group LLC reported second-quarter net profit of $181 million, after excluding losses from paying off U.S. and Canadian government loans early, Bloomberg reported Tuesday.

A U.S. District Court in California reopened the nearly two-year-old arrangement that regulates truck environmental standards at the Port of Long Beach, part of the nation’s busiest container complex.

Pilot Freight Services, a transportation and logistics services provider, said that it has opened its first European location in Amsterdam, Netherlands.

Intermodal traffic increased 1.2% last week from a year ago, the Association of American Railroads reported.

Existing home sales fell 0.8% in June to a seven-month low, the National Association of Realtors said Wednesday.