The less-than-truckload holding company had $3.7 million in consolidated operating income during first quarter 2015, compared to a $32.4 million loss the previous year.
Growth in domestic container movements offset declines in trailer and ISO container volumes, according to the Intermodal Association of North America.
Electric ship-to-shore cranes can lift and lower a loaded container at twice the speed of cranes currently in use at the Barbours Cut Terminal.
Transport America replaces retiring president, while CEVA Logistics selects COO of Global Air and Ocean Freight.
Agriculture Transportation Coalition urged Senate to press the FMC into taking action during a hearing Wednesday morning.
Announced on the heels of a port driver labor strike, Eco Flow will use “free-flow” to move containers out of terminals to off-dock yards.
Such an alliance could have a “competitive edge,” according to industry consultant Drewry.
Oil executive quoted as saying ship will be sold unless $10 million paid.
New Jersey Governor said he was “not unsympathetic to the merits of the bill,” but it was premature to consider withdrawal without a similar proposal in New York.
The ocean carrier benefited from better recovery of fuel costs and higher volumes in first quarter 2015.
The third-party logistics provider had revenues of $1.78 billion in first quarter 2015.
The ocean carrier expects to close on its acquisition of Horizon Line’s Alaska business in second quarter.
The carrier’s new Turkey Israel Express Service will connect the ports of Damietta and Port Said in Egypt with Mersin, Turkey and Haifa, Israel.
The stevedoring and ocean freight company’s new vessel Marjorie C can carry both containers and roll-on/roll-off cargo.
The truckload freight and logistics provider had net profits of $21.8 million in first quarter 2015.
Industry icon Joe Brunson founded the Winnsboro, Texas-based freight forwarder Team Worldwide in 1979.
The railroad will invest $4.2 billion across its network this year for track maintenance, signal systems and road and bridge repairs.
International Association of Ports and Harbors elects Americas region VP, while GAC appoints executive group vice president of Oil and Gas.
The third-party logistics provider also cut its first quarter loss in half.
Ocean carrier Maersk Line says it has not yet received court judgment pertaining to the arrest of the containership by Iranian authorities.
