The container terminal operator posted a net income attributable to equity shareholders of $35.8 million and revenues of $239.9 million for the third quarter of 2015.
IANA: Q3 intermodal volumes up 3.4%
Domestic and international container volumes rose, but trailer volumes decreased during the third quarter of 2015 compared with the same 2014 period, according to the Intermodal Association of North America.
CEVA signs warehouse management contract with Pellegrini
The third-party logistics company will manage an 8,500-square-meter warehouse near Milan, Italy for Pellegrini, an Italian services supply company.
Union Pacific opens new railport in Texas
The railway opened its new $40 million Union Pacific Kinney County Railport in Kinney County, Texas on Tuesday.
American Essentials taps Port Logistics Group for transportation services
The logistics services provider entered into a multi-year service agreement with American Essentials, which sells and distributes socks and legwear to major U.S. and global retail outlets.
Yusen opens warehouse in Indonesia
The third-party logistics provider opened a new warehouse outside Jakarta, Indonesia, which will provide storage and handling services, primarily for automotive parts and materials.
Executive Moves: CenterPoint Properties and ICTSI
CenterPoint Properties names head of U.S. western region, while International Container Terminal Services, Inc. promotes three VPs.
XPO Logistics exceeds Q3 market expectations
The roll-up freight brokerage and logistics provider had EBITDA of $166 million in the quarter as it digests recent deals for Norbert Dentressangle and LTL carrier Con-way.
Heathrow looks to double cargo volumes by 2030
The London airport announced plans to invest nearly $200 million over the next 15 years to improve and expand its freight handling facilities, processes and workforce.
FedEx, TNT extend public offer period
The acceptance period for FedEx Corp.’s recommended public purchase offer for TNT Express until Jan. 8, 2016 was extended because the deal has not yet been approved by the relevant antitrust authorities, according to a joint statement from the companies.