Former Tyco International executive Girish Rishi, who will take over immediately from current chief executive officer Bal Dail, said he is excited about the potential to develop JDA’s last-mile analytics capabilities.

The truckload transportation and logistics provider’s net income for the year tumbled 36 percent to $79.1 million compared with 2015 as revenues slipped 4 percent to just over $2 billion, according to the company’s most recent financial statements.

“K” Line announces changes to executive officers, Aegean Shipping Management appoints new chief executive officer, while American Airlines names successor to retiring senior vice president of international and cargo.

The Chicago-based technology company, which builds APIs for the logistics and transportation industry, said the newly launched connectNG incorporates steps toward greater cloud security and enhanced ability to normalize disparate data sets.

An internal investigation into roll-up transportation and logistics provider Roadrunner Transportation Systems’ financial reports has concluded that its 10-K SEC statements dating back to 2014 overstated earnings by between $20 million and $25 million.

The Atlanta, Ga.-based parcel giant and logistics provider reported a net loss of $239 million for the quarter compared with a $1.33 billion net profit in the same 2015 period due primarily to a non-cash, after-tax, mark-to-market pension charge.

While the U.S. merchant marine has dramatically shrunk since World War II, mutual insurer American Club has adapted by expanding overseas.

Cavalier Transportation Services, a provider of less-than-truckload and truckload services, brokerage and warehousing, will operate as a standalone business unit within TFI International.

However, NYK, MOL and “K” Line see some improvement in the container shipping business.

Former Tyco International executive Girish Rishi, who will take over immediately from current chief executive officer Bal Dail, said he is excited about the potential to develop JDA’s last-mile analytics capabilities.