The supply chain management software company posted a net profit of for $543K in the third quarter of its fiscal year 2016, which ended Jan. 31, up slightly from $467K in the same period of the prior fiscal year.
CSX selects N.C. site for industrial development
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.
SkyBitz launches intermodal chassis tracking tool
The commercial telematics company recently unveiled its Falcon GCT3100i product, an asset tracking solution designed to provide shippers with complete visibility into chassis location and load status.
AAEI conference to examine the ‘(R)Evolution’ of trade
The American Association of Exporters and Importers will hold its 95th annual conference in Arlington, Va. June 5-7.
K + N reports 5.4% increase in net profits
Swiss-based third-party logistics provider Kuehne + Nagel posted net profits of 679 million Swiss Francs for 2015, a 5.4 percent increase from 2014.
GRI Roundup: Maersk Line, CMA CGM and Hapag-Lloyd
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd announced general rate increases.
POLB touts carrier compliance with emission-reduction program
Green Flag is a voluntary program at the Port of Long Beach that provides incentives for ocean carriers to reduce speed near shore so they create less harmful pollution in the city.
WSC ‘stunned’ by USCG position on enforcement of verified gross mass requirement
A senior advisor for the World Shipping Council told the TPM 2016 conference in Long Beach, Calif. the group is troubled by the United States Coast Guard’s interpretation of the new SOLAS container weight regulations.
Deutsche Bahn rebrands freight rail unit
The new DB Cargo name is designed to distinguish between the company’s rail operations and its Schenker logistics business.
Appel: DHL forwarding unit not for sale
After costly “mistakes” in the roll out of a unified IT platform, the freight forwarding division of Deutsche Post DHL Group has a clearer path forward, CEO Frank Appel told the TPM 2016 conference in Long Beach, Calif.