CSX Corp. said its third-quarter net income rose to $464 million, or 43 cents per share, from $414 million, or 36 cents, a year ago.

A surge in tank truck business, spurred by oil and shale gas drilling, is fueling an “incredibly hot” market for tank trailers to haul crude oil, sand and related products, industry officials said.

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

FedEx Ground, the small-package ground unit of FedEx Corp., on Wednesday announced the opening of a new $100 million distribution hub.

Menlo Worldwide Logistics has announced it is rolling out Menlo Transportation Services as a single, unified service to complement other supply chain and logistics offerings.

Logistics firm Clark Holdings is planning a special shareholders meeting to vote on a $5 million buyout proposal from Gores Group.

Trailer manufacturers said they received 12,524 net orders in August, a 10% increase from a year ago, but below July’s level, ACT Research Co. reported last week.