Logistics

NFI Industries said it acquired World Warehouse and Distribution, a Champlain, N.Y., third-party logistics and warehousing firm. Terms were not disclosed.

Ceva Logistics on Monday reported higher revenue and earnings for the fourth quarter and full year.

A.P. Moller–Maersk A/S, the Danish company that owns the largest ocean shipping line, announced record earnings on Feb. 23, powered by a rebounding international freight market.

Logistics Management Solutions, St. Louis, acquired intermodal marketing company McCann’s Piggyback Consolidation in Fenton, Mo., and formed a new business unit called Freight Management Solutions to provide intermodal and freight brokerage services.

Logistics firm Andrews Logistics has named Brian Jarvis its president, it said Monday.

No one knows the Canada-U.S. border and the difficulties even the most trusted individuals and companies have had crossing it in the “security trumps trade” post-9/11 world than truckers. It’s not surprising, then, that truckers welcome the announcement from U.S. President Barack Obama and Canadian Prime Minister Stephen Harper that the two countries are embarking upon negotiations aimed at improved cooperation and coordination at the border.

The U.S. Supreme Court last week directed a lower court to reconsider a claim by freight railroad CSX Transportation Inc. that the Alabama fuel tax it pays is discriminatory because truckers are exempt from the same tax.

TransForce Inc., Canada's largest trucking company, said Friday it had a forth-quarter profit of C$35.6 million on higher revenue from its package delivery and specialized service segments, Reuters reported.

Consumer confidence rose to a three-year high in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

Logistics firm Expeditors International of Washington’s fourth-quarter profit jumped 40% to $96.5 million, or 45 cents a share, from $69.1 million, or 32 cents, a year earlier.