The Swiss-based third-party logistics provider posted net profits of CFH 177 million for the third quarter of 2016 and CHF 533 million for the first nine months of the year.

Kansas City Southern’s net income fell 9.1 percent to $121 million in the third quarter of 2016 on revenues that slipped 4.3 percent compared to the previous year, according to the company’s most recent financial statements.

The mid-Atlantic port handled 220,000 TEUs of containerized cargo for the month, an increase of 2 percent from September 2015, after a record setting month in August, according to data from the Virginia Port Authority.

Rafi Danieli, chief executive of ZIM, said in an interview with American Shipper that the carrier focuses on specific global trades, where it wants to sail, and where it has an advantage and a big market share.

With recent technology advances, shippers could come to see freight procurement as adding value to the supply chain, rather than as a chore.

An MSC spokesperson told American Shipper the reason it sold its interest in Genoa, Italy-based logistics company Aprile to Savino Del Bene was to exit the freight forwarding business.

The port said revenues for the fiscal year ticked up slightly to a new record, as revenues lost from the Outer Harbor Terminal closing were offset by higher aviation revenues.

The software maker will use C.H. Robinson’s managed transportation subsidiary to handle global logistics, increasing visibility to make changes to fulfillment plans.

Mediterranean Shipping Company said it will offer its transpacific “Maple” service on its own instead of together with Maersk.

The Lowell, Ark.-based intermodal and trucking provider’s revenues for the third quarter of 2016 rose 7 percent year-over-year to $1.69 billion.