Two of the largest U.S. freight railroads reported third-quarter results, with intermodal revenue rising at both companies.

Component maker Meritor Inc. said Wednesday that Wabash National has selected Meritor trailer axles to be standard equipment on all Wabash trailers.

Norfolk Southern said it has opened a new intermodal facility in McCalla, Ala., to serve as part of an intermodal freight rail route between the Gulf Coast and the Northeast.

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

BNSF Railway’s intermodal container project in Southern California took a step forward late last month, when a revised environmental impact statement was issued that supports construction of the $500 million project.

ATLANTA — A slowdown in global trade is forcing shippers and carriers to make adjustments in inventory and freight hauling capacity, transportation and supply chain experts said at the Council of Supply Chain Management Professionals annual conference here last week.

XPO Logistics, which recently completed $125 million in additional financing, said that its third-quarter results will not match analysts’ expectations.

Universal Truckload Services said it has completed the purchase of third-party logistics firm LINC Logistics for $335 million.