Logistics

XPO Logistics said Thursday it has purchased Turbo Logistics, the freight brokerage division of logistics company OHL, for $50 million.

Third-party logistics provider England Logistics has acquired certain assets of freight broker Kampstra Transportation & Logistics.

Canadian transportation firm TransForce Inc. said its third-quarter net income almost tripled, boosted by acquisitions.

Swift Transportation’s third-quarter net income fell 10% to $27.9 million, or 20 cents per share, from $31.0 million, or 22 cents per share, in the third quarter as freight volume weakened and fuel costs rose.

The U.S. Transportation Command said it has awarded Menlo Worldwide Logistics a one-year extension on its contract to outsource military freight shipments nationwide.

Kansas City Southern’s third-quarter income fell to $91 million, or 83 cents a share, from $100 million, or 91 cents, a year ago.

Forward Air Corp. said its third-quarter net income slipped from a year ago, while revenue improved.

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.