The international logistics provider and freight forwarder attributed the results to growth in all three of its business units and the acquisition of US-based Jacobson Companies.
Norfolk Southern said James A. Squires will succeed Charles W. “Wick” Moorman as chief executive officer, effective June 1.
Ports believe pool of more than 80,000 interchangeable chassis will help ease West Coast congestion.
Vehicles will arrive at the Delaware port from plants in the Midwest and Canada for shipment to the Middle East.
Sunteck appoints CEO, while Transervice taps Greatwide Distribution CEO for EVP.
On-time performance is being hampered by congestion at West Coast ports.
The revised agreement would allow collaboration on congestion, transportation infrastructure needs and pollution mitigation.
The shipping giant will return profits from the sale to its shareholders.
According to the freight transportation forecaster, lower fuel costs had a positive impact on the index.
Volume increased for the airfreight carrier, but overall yield was down.
Transpacific carriers cite port congestion and stronger demand as economy improves.
The independent containership owner and manager increased revenues by 5.9 percent, but saw profits drop 56.1 percent.
The ocean carrier’s “New Falcon” service will offer direct sailings instead of transshipments through Singapore.
According to the American Trucking Association, the index increased 6.6 percent compared to January of 2014.
Kelly will continue to serve as both president and a member of AFF’s board of directors.
Earnings were buoyed by a 50 percent increase in Maersk Line profit.
The third-party logistics provider announced record results, including a 6.1 percent increase in net profits from 2013.
The ocean liner carrier said business improved across the board.
The cargo consolidator said it will reduce less-than-container load transit times between Rotterdam and St. Petersburg by 11 days.
Hyster Company delivers first Tier 4 container handlers to Port of Los Angeles, Finnair Cargo partners with IAG Cargo and smartphone manufacturer Xiaomi selects CEVA to manage its e-commerce distribution center in Malaysia.
