Global demand for air cargo ticked up 1.7 percent for the month, the slowest pace in 22 months, according to the latest data from the International Air Transport Association.
DSV ups expectations on strong Q1
The Danish global transport and logistics provider posted profits of 769 million Danish krone (U.S. $123.4 million) for the quarter, a year-over-year increase of 14.9 percent.
XPO more than triples Q1 earnings
CEO Bradley Jacobs reports “healthy” diversification of customer verticals and service lines, continued growth in e-commerce demand and a record $972 million in new business secured in the first quarter.
C.H. Robinson net income up 16.6 percent
The global third-party logistics provider has its sights set on further investing in technology after posting a year-over-year increase in revenues of nearly 15 percent.
Delivery of air cargo screening rules on horizon
Conclusion of pilot Customs program has been pushed back from July to December.
Dye seeks forwarder, broker input in penalty probe
Commissioner asks for documentation as the FMC considers restricting ocean carriers’ ability to assess detention, demurrage and per diem fees.
Magnus starts term as NCBFAA president
Deringer’s director of customs affairs and compliance vows to focus on protecting the industry.
Hub Group revs up driver pay, capacity
The multimodal transportation services provider is adding about 800 trucks and 4,000 containers.
DHL moves to larger site in Tampa
The $5 million investment will enhance service for Florida importers and exporters
OOCL reports higher volumes, revenues
Overall average revenue per TEU increased by 8.3 perent compared to the first quarter of last year.