U.S. Customs and Border Protection agricultural specialists stopped a shipment of fresh flowers that arrived in Puerto Rico’s San Juan airport from Bogota, Colombia that contained a harmful insect.
Panalpina’s airfreight volumes rise amid lower ocean freight volumes
Gross profits for the first nine months of 2016 remained practically unchanged from the same period last year, since the growth in air freight volumes offset the drop in ocean freight volumes, Panalpina CEO Stefan Karlen explained.
U.S. Class I railway employment slips in September
Major freight railroads in the United States employed 152,486 workers as of the middle of September 2016, down 0.17 percent from the previous month and 8.7 percent year-over-year, according to data from the Surface Transportation Board.
RoadOne purchases fellow intermodal logistics provider
RoadOne IntermodaLogistics has acquired Milford, Conn.-based C & V Transportation in an effort to expand its operations in southern New England and the Port of New York and New Jersey, the company said in a statement.
Forward Air Q3 profits slip from prior year
The deferred airfreight transportation services and drayage provider’s third quarter 2016 net income fell 24.2 percent to $11.9 million compared with the same 2015 period, according to the company’s most recent financial statements.
Special Coverage: CBP becomes less lenient on trade law violations
U.S. Customs and Border Protection auditors are becoming less lenient regarding trade law violations and are widening their enforcement net, partly due to pressure from Congress, which has repeatedly expressed concern about protecting domestic industry.
Maryland, CSX recommit to intermodal infrastructure project
The public-private partnership is aimed at increasing the height of the Howard St. Tunnel so two containers can be loaded onto intermodal cars, making it more efficient for traffic moving to and from the Port of Baltimore.
Swift profits rebound in Q3 despite declining revenues
Trucking and intermodal carrier Swift Transportation grew net income 4.7 percent year-over-year to $38 million in third quarter 2016 on revenues that slipped 4.9 percent to $1.01 billion compared with the same 2015 period.
Ryder Q3 earnings drop despite increased revenues
The commercial fleet management, dedicated transportation and supply chain solutions provider saw third quarter net income fall 6.3 percent to $85.1 million compared to the same 2015 period despite a 3.3 percent uptick in revenues.
Energy 3PL uses FourKites for tracking
Dupré Logistics has begun using FourKites’ third-party load tracking technology to alleviate driver check-in calls and provide customers with more accurate ETAs.