Non-asset based logistics company KFS, Inc., which has been in business for over twenty-five years, has been acquired by Business Intelligence Group.

The ship broking and shipping services group saw profits in the first six months of the year more than double to 13 million British pounds compared with the same 2015 period, according to the company’s most recent unaudited financial statements.

The aircraft manufacturer is considering the launch of a passenger-to-freighter conversion program for its Avro RJ jetliner and is seeking customer feedback in an effort to assess market potential, the company said in a statement.

Hamburg Hafen und Logistik AG’s Container Terminal Burchardkai received three new container gantry cranes Sunday, and once they go into operation, the terminal will be able to handle ships with a capacity of 20,000 TEUs and more at two berths.

Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd, MOL and Emirates issued rate increases, while members of the Caribbean Shipowners Association issued a peak season surcharge.

Mumbai-based Allcargo Logistics now operates the largest number of offices of any less-than-containerload consolidator in the world, with 300 offices across 160 countries.

The Southern California port attributed its 7.7 percent year-over-year drop in container volumes in July to high inventory levels and a slow start to the peak season.

The Class I railway’s Site Select program identifies development-ready properties along the CSX network where zoning requirements and due diligence have already been taken care of in order to help manufacturers speed the occupation process.

The Association of American Railroads has petitioned the U.S. Court of Appeals for the District of Columbia Circuit to review a recent Surface Transportation Board final rule that defines on-time performance for railroads.

Meanwhile, the A.P. Møller – Maersk conglomerate, which includes both Maersk Line and APM Terminals, reported second quarter profits of $118 million, 89 percent below the $1.09 billion in the second quarter of 2015.