American Shipper

The less-than-truckload holding company reported a 184.5% year-over-year jump in operating income in the second quarter of 2015.

The agreement would update an 18-year-old pact that nixes duties and tariffs on technology products, likely reducing costs for consumers, but the deal has not yet reached a quorum.

The airfreight carrier said it increased revenues 8.8 percent during a period of network expansion for the company.

Incidents in Belgium accounted for 161 of the 501 total cargo thefts reported in the region during the second quarter, according to the FreightWatch International Q2 2015 Intelligence Update Report for Europe, the Middle East and Africa.

The outsourced aircraft and aviation operating services provider reported a net income attributable to common stockholders of $28.4 million for the second quarter and $57.6 million for the first half of the year.

The John C. Munro Hamilton International Airport opened the Air Cargo Centre, in which airfreight carrier Cargojet will be the primary tenant.

The Houston-based tank barge operator’s net earnings dropped to $58.1 million in the second quarter and its consolidated revenues dropped to $543.2 million.

Kuehne + Nagel will introduce refrigerated less-than-containerload pharmaceutical services from its facility in Geel, Belgium to Singapore and Sydney, Australia.

Union Pacific and DB Schenker appoint senior executives, while Episcale hires two former American Airlines Cargo executives and Avianca’s CEO steps down.

The parcel giant’s acquisition of Chicago-based freight brokerage is intended to leverage Coyote’s freight optimization technology and network of 35,000 carriers and 12,000 customers.

Neptune Orient Lines, parent of ocean carrier APL, is “totally focused” on returning the liner business to profitability, NOL CEO Ng Yat Chung said during a call with securities analysts.

Descartes will link trade compliance data and documentation from its Global Logistics Network to SAP’s transportation management application for better shipment visibility for SAP’s TM customers.

The U.S. Department of Commerce’s Bureau of Economic Analysis also revised a previous prediction of a 0.2 percent decrease in first quarter gross domestic product to a 0.6 percent increase.

The asset-light trucking and logistics company saw a decrease in less-than-truckload revenues offset by pricing increases, while its truckload segment surpassed earnings and margins expectations.

The ITC said that six years after implementing EIAP Dominican Republic, apparel manufacturers have found little benefit to participating in the trade program.

The South Korean shipbuilder attributed the heavy second quarter losses primarily to a 2.3 percent decrease in overall revenues from last quarter.

HNA Group Co. has agreed to acquire the airport ground handler from PAI Partners SAS for $2.81 billion.

Ocean carrier APL announced its joint ACX/NAE service with Maersk subsidiary SeaLand will drop its call at Miami in favor of a call at Port Everglades.

The less-than-truckload carrier, a favorite among analysts, continued its run of strong financial results from April through June, with a near 15% increase in operating profits and a quarterly record for revenues.

St. Louis-based Transport United has acquired North & South Logistics, a North Carolina-based freight broker for an undisclosed amount.