The transportation management company posted a net income of $20.7 million on revenues of $856 million for the second quarter of 2016.

United States gross domestic product increased 1.2 percent in second quarter 2016, according to the “advance” estimate from the Department of Commerce, following a revised increase of just 0.8 percent in the first quarter.

Rates from Shanghai to Northwest Europe, which hold a 20 percent weight on the overall index, skyrocketed 57.8 percent since last week, from $713 per TEU to $1,125 per TEU.

The Dubai-based port terminal operator signed a 30-year lease with Port Saint John on the East Coast of Canada to operate its West Side Container Terminal, DP World and port officials said in a joint statement Thursday.

The German forwarder discussed at a press conference in Chicago Wednesday its $137 million investment plan in the U.S. domestic and cross-border e-commerce market, along with its vast expansion in the “Windy City.”

Less-than-truckload holding company YRC Worldwide increased net income in second quarter 2016 4.2 percent to $27.1 million despite revenues falling 4 percent to $1.21 billion compared to the same 2015 period.

The Atlanta, Ga.-based parcel giant posted a net income of $1.27 billion for the second quarter of 2016 on revenues of $14.63 billion, year-over-year increases of 3.2 percent and 3.8 percent, respectively.

Ocean carriers MOL, NYK and “K” Line all reported losses in their container segments and lower revenues year-over-year for the first fiscal quarter, which ended June 30.

The U.S. International Trade Commission has recommended to the White House that certain changes to the country’s Harmonized Tariff Schedule be made to conform with the World Customs Organization’s amendments to the global harmonized system.

The U.S. International Trade Commission said the Earned Import Allowance Program continues to fall short at boosting the Dominican Republic’s apparel exports to the United States.