XPO Logistics Inc. set new, higher profit targets and reported a wider net loss in the third quarter as the buyer of Con-way Inc. continued to show revenue growth from multiple acquisitions.

Truck/rail freight growth slowed to 3.4% in the third quarter, the Intermodal Association of North America reported, as domestic growth was stunted by truckers taking advantage of favorable fuel prices and capacity.

U.S. rail intermodal traffic declined 1.4% in October compared with the same month the prior year, the Association of American Railroads reported.

Radiant Logistics has acquired Copper Logistics of Minneapolis and will use the company’s location near the Minneapolis/St. Paul airport to expand its transportation and logistics operations in the upper Midwest.

A.P. Moeller-Maersk A/S is scaling back capacity and cutting jobs in the world’s largest shipping line to adapt to a drop in demand.

The shipping industry expects to be stung by a carbon levy as momentum building from climate talks in Paris starting this month makes a cut to its greenhouse-gas emissions likely.

XPO Logistics Inc. announced that it has completed the $3 billion acquisition of trucking and logistics operator Con-way Inc.

Weekly U.S. intermodal rail traffic declined for the first time since September, the Association of American Railroads reported.

Consumer confidence fell in October to a three-month low as Americans became less upbeat about the labor market.