Estes Express Lines said Tuesday that it has launched a Mexican third-party logistics subsidiary, Estes Logistica.

Gary Weilheimer and Tom Tranovich, who have more than 40 years combined transportation experience, said they are opening linked non-asset-based businesses to serve the logistics industry.

WASHINGTON — Passenger cars and even some trucks moving short distances in the United States need to switch to electric battery power from gasoline or diesel, FedEx Corp. founder Frederick Smith told the National Press Club here Feb. 23.

Existing homes sales declined 5.3% in January, while the median price of a home fell 15% from the same month last year, the National Association of Realtors said Monday.

Greatwide Logistics Services completed the sale of itself to its creditors, the company said last week.

Truckload carrier and third-party logistics company Schneider National said it is freezing its employees’ pay this year, the Associated Press reported Tuesday.

Hub Group announced last week that one of its divisions it will provide logistics and supply chain management services for national retailer Big Lots.

Gasoline’s national average price rose 2.6 cents over the two weeks ended Friday to $1.944 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.