Echo Global Logistics said its second-quarter profit rose from a year ago, and its revenue improved.

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

Transport Canada announced emergency railway safety rules in the wake of a deadly freight train crash in Quebec earlier this month.

Canada’s two major freight railroads reported higher second-quarter earnings from a year ago on stronger rates and volume.

Rapidly growing XPO Logistics Inc. agreed to buy 3PD Inc., a third-party logistics company, for about $365 million in the most expensive publicly disclosed transport-sector transaction this year.

Hub Group Inc. reported higher second-quarter earnings on improved revenue at its intermodal and logistics units.

Kansas City Southern’s second-quarter net income fell to $15 million, or 14 cents a share, from $120 million, or $1.09, a year ago.