The Chinese ocean carrier will join two of Maersk Line’s services between Southeast Asia and Oceania this month.

The logistics services provider posted a net income of $11.8 million on operating revenues of $317.2 million for the third quarter of 2015.

XPO Logistics, which announced Friday it had finalized its $3 billion acquisition of trucking and logistics provider Con-way Inc., will cut more than 10 percent of current Con-way staff at its Ann Arbor, Mich. headquarters and Portland, Ore. IT center.

The parcel and logistics giant will spend about $185 million to construct a package sorting and delivery facility at DP World’s logistics park adjacent to the London Gateway seaport, according to a statement from the company.

The less-than-truckload holding company increased operating income nearly 79 percent year-over-year in the third quarter of 2015, thanks in part to a 7 percent bump in revenues per shipment at YRC Freight.

The railroad transportation equipment manufacturer posted net earnings of $66.9 million on revenues of $765.5 million for the fourth quarter of its fiscal 2015 year, which ended Aug. 31.

Investment group’s transportation and logistics team compared the LTL carrier’s long-term performance to a team that focuses well on the basics and eschews fancy passes and dunks.

Cargo 2000, an IATA interest group, wrapped up a meeting last week in Vienna that focused on finalizing its airport-to-airport and starting revisions of its door-to-door process definitions for air cargo.

The Houston, Texas-based tank barge operator posted net earnings of $56.8 million and consolidated revenues of $532.6 million for the third quarter, a year-over-year drop of 25.9 percent and 21.8 percent, respectively.

The U.S. Federal Maritime Commission has received 11 ocean transportation intermediary license applications and changes for review.