Logistics

Forward Air Corp. said its third-quarter earnings will be lower than the company originally estimated, as tonnage volumes became “inconsistent” in August following a strong start to the period.

Consumer confidence rose to a seven-month high in September, the New York-based Conference Board said Tuesday.

Swift Transportation Co. said last week its third-quarter earnings will be 20 to 23 cents a share.

Shippers and carriers are considering putting more freight directly on asset-based carriers — potentially hurting middlemen who do not own trucks — as the supply of vehicles and drivers dwindles.

U.S. intermodal traffic rose 3.9% last week over the same week a year ago, the Association of American Railroads reported.

Logistics company C.H. Robinson Worldwide Inc. announced it has agreed to acquire Polish freight forwarder Apreo Logistics S.A. No terms were disclosed.

Private holding company Rising Sun Systems said Thursday it has acquired freight broker Network FOB, Naples, Fla., which operates a network of independent freight agents across the U.S. and Canada. Terms were not disclosed.

A new report has raised questions about whether a Department of Defense contract to outsource freight shipments has produced huge savings claimed by Menlo Worldwide Logistics, in large part because of DOD’s failure to scrutinize the program closely.

Efforts to create a motor carrier-based pool to provide intermodal chassis are continuing, though American Trucking Associations’ Intermodal Motor Carriers Conference said it has not yet decided how to accomplish that goal.