U.S. intermodal traffic declined 5.6% for the week ended Saturday from a year ago, the Association of American Railroads reported.

Echo Global Logistics said its fourth-quarter profit climbed 68.5% to $3.5 million, or 16 cents per share, from $2.1 million, or 9 cents, a year ago.

The expansion of the Panama Canal will have the greatest effect on shipments to a handful of states stretching from Ohio to Georgia but will offer only modest cost savings to shippers, a consultant to the U.S. Maritime Administration said.

XPO Logistics said it posted a fourth-quarter loss after earning a profit in the same period a year ago.

Air and ground expedited services provider Bolt Express LLC said it has completed the acquisition of third-party services provider Strike Logistics.

Logistics firm Expeditors International of Washington said Tuesday its fourth-quarter profit slipped 4%, citing “irregular demand” in the quarter.

CORAL GABLES, Fla. — Less-than-truckload carriers need to improve their pricing discipline and sophistication to boost profits in a market where rate-driven, third-party logistics operators are playing a growing role, LTL executives said.