Logistics

New trailer orders edged up 1.3% to 13,615 in June from a year ago, ACT Research said, with most manufacturers continuing to report healthy backlogs.

U.S. intermodal traffic rose 4.1% last week from a year ago, the Association of American Railroads reported.

Wabash National Corp.’s second-quarter income slipped from a year ago on acquisition costs, but the company’s trailer sales rose.

Canadian transportation firm TransForce Inc. said its second-quarter net income rose 30%, boosted by acquisitions.

Consumer confidence dropped in July to the lowest level this year, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

Universal Truckload Services said Thursday its second-quarter profit improved and that it will buy third-party logistics firm LINC Logistics for $335 million.

Frozen Food Express Industries reported a second-quarter profit, turning around a loss from a year ago, as its brokerage and logistics results improved.

C.H. Robinson Worldwide reported higher a second-quarter profit, led by improved performance in its logistics operations.

Norfolk Southern Corp. said its second-quarter profit dropped 6%, but income from railway operations rose 7% to $934 million.

In March, when the Senate passed its transportation reauthorization bill by a wide margin, the measure addressed the nation’s total surface transportation system.