Express-1 Expedited Solutions said its second-quarter profit fell 39.2% to $914,000, or 3 cents per share, from $1.5 million, or 5 cents, a year ago.

Trailer Bridge Inc. reported a second-quarter loss of $3.6 million, or 30 cents a share, compared with net income of $900,000, or 7 cents, a year ago.

Express-1 Expedited Solutions, a provider of brokerage and forwarding services, said it has scheduled a Sept. 1 shareholders’ meeting to approve a takeover by Jacobs Private Equity, a firm controlled by investor Bradley Jacobs.

Intermodal traffic rose 1.9% last week, the Association of American Railroads reported.

Consumer confidence plummeted in August to its lowest level since May 1980, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

Linx Partners has acquired ADS Logistics Co., a provider of trucking, warehouse and intermodal services to the metals industry.

MIQ Logistics said it has acquired The Logistics Corp., a retail logistics company based in the United Kingdom. Terms were not disclosed.

Transportation provider UniGroup Inc. has introduced a new logistics company, UniGroup Worldwide Logistics.

Freight brokerage firm Echo Global Logistics is involved in an expansion strategy through acquisition, the CEO of the Chicago-based company said in an interview.