Darien, Conn.-based short line railroad operator Genesee & Wyoming Inc. reported net income of $48.4 million on $501.4 million in revenues for second quarter 2016, year-over-year decreases of 8.3 percent and 7.5 percent, respectively.
Expeditors delivers Q2 earnings beat despite ‘sluggish’ market
The Seattle, Wash.-based global logistics provider’s diluted net earnings per share totaled $0.63 per share for the second quarter of 2016, a year-over-year increase of 3 percent, according to the company’s most recent financial statements.
BDP offers retail-oriented execution web apps
The logistics provider has begun introducing vertical-specific carve-outs of its visibility and transportation technology suites, with new tracking and dashboard tools for retailers.
BNSF, Port of Los Angeles appeal court decision that rejects proposed $500m rail yard
The Fort Worth, Texas-based railway and the Port of Los Angeles are appealing a judgment that halted plans by the railroad to build the Southern California Intermodal Gateway.
CenterPoint develops distribution center in Arizona
The industrial real estate development and management firm established a distribution center in Goodyear, Ariz. for Michael Lewis Company.
Carmichael International expands to Charlotte
The Los Angeles-based customs broker, which is a division of APL Logistics, opened a new office in Charlotte, N.C.
Executive Moves: UP, Aljex, CentrePort Canada and Allen Lund Co.
Union Pacific promotes VPs and Aljex Software names VP of sales and marketing, while CentrePort Canada appoints CFO and the Allen Lund Co. picks Atlanta office manager.
Port Tampa Bay renews contract with Ports America
The Floridian port signed a long-term contract renewal with Ports America, the largest terminal operator and stevedore in the United States, to operate its container terminal through 2046.
Port of Seattle, Army Corps agree on tentative dredging plan
The port said the improvements are needed in order for it to handle the current and future generations of ultra-large containerships.
Matson’s Q2 profits soar 82%
Looking ahead, the Honolulu-based liner carrier said it expects the $197.6 million acquisition of Span Alaska to close early this month.