Net income at Canadian Pacific Railway increased 5 percent to $390 million Canadian in second quarter 2015 compared to second quarter 2014, according to the company’s most recent financial statements.
Three Florida family members were indicted for their alleged participation in a scheme to defraud Miami-area lenders and the U.S. Export-Import Bank.
The trucking and logistics company reported a 24 percent increase in net income compared to the second quarter of 2014.
The cargo division of Air China announced it will be the first and only Chinese cargo line to launch a direct cargo service between Shanghai and Alberta, Canada’s capital, Edmonton.
Canadian National Railway reported a net income of $866 million Canadian for the second quarter of 2015.
The Kenco Innovation Labs and its staff in Chattanooga, Tenn. will work with customers to “identify, research, and prototype leading-edge ideas and processes.”
GT USA names U.S. terminals operations manager, while Davies Turner picks U.K. national sales director.
The Federal Maritime Commission found the Northwest Seaport Alliance is not likely to reduce competition or result in an unreasonable increase in cost or reduction in service.
In the meantime, port truck drivers continue to strike the drayage firm Pacific 9 Transportation at the Ports of Los Angeles and Long Beach, claiming independent contractor misclasification.
Dicom Transportation Group of Canada said the acquisition of Extra Express will expand its final-mile delivery services in the western United States.
The U.S. Commerce Department’s Bureau of Industry and Security on Tuesday implemented the State Department secretary’s removal of Cuba from its list of state sponsors of terrorism.
EVA Air will purchase five 777 Freighters from the aircraft manufacturer at an estimated cost of $1.5 billion at list prices.
Second quarter revenues at the railway were down across all commodity groups, with the exception of its Chemicals and Petroleum segment, according to the company’s most recent financial statements.
The seasonally adjusted index increased 1.8 percent compared to June of 2014, according to the American Trucking Associations.
The cargo division of Qatar Airways will introduce the first 747 freighter to its fleet Aug. 1.
The South San Francisco Bay port is a big handler of sand and gravel in Silicon Valley’s backyard.
The Port of Busan’s newest container terminal, BNCT, expects to have an annual throughput of 1.7 million TEUs for the full year in 2015.
The airline will acquire three ATR 72 turboprop all-cargo planes for its new interisland shipping service.
Shanghai Pudong International Airport Cargo Terminal Co., Ltd. reported it handled 762,104 tons of cargo at the Shanghai Pudong International Airport for the first half of 2015 , up 10.9 percent from the same period in 2014.
The full service intermodal drayage carrier and transportation broker opened a new terminal in New Orleans, La.
