The Atlanta-based parcel giant reported increased revenues in all of its business segments, and surpassed analyst expectations with an earnings per share of $1.32 for the quarter.
FMC reviews 13 OTI license applications
The U.S. Federal Maritime Commission has received 13 ocean transportation intermediary license applications and changes for review.
Union Pacific posts strong Q1 results
The Omaha, Neb.-based Class I railway increased net income, operating revenues and volumes during the first quarter of 2017 from a year prior.
Drewry: Most container carriers will make a profit in 2017
The London-based shipping research and consulting firm said that even though freight rates fell seasonally in the first quarter of 2017, they are better than they were in 2016.
Seaspan sees Q1 profits skyrocket after tough 2016
The containership owner and charterer reported net earnings of $40 million in the first quarter of 2017, a massive jump from just $7.1 million the previous year, despite revenues falling 6.6 percent year-over-year to $201.3 million.
Port of Brownsville receives first grain shipment in over seven years
Agricultural warehousing company West Plains LLC, which entered into an agreement with the Port of Brownsville in 2016 to restore and operate its grain elevator, accepted a grain shipment of 109 railcars at the port on Tuesday.
Schiphol Airport’s growth soars in Q1
The Dutch hub handled a record 420,168 metric tons during the first quarter of 2017 with the Asia and Europe markets experiencing the most growth.
White House clears up confusion on NAFTA direction
President Donald Trump said he will work to renegotiate terms with Mexico and Canada.
Marten Transport speeds past analyst expectations in Q1
The Mondovi, Wis.-based temperature-sensitive truckload carrier recorded earnings per share of $0.25 for the quarter, surpassing the street consensus and Stifel estimate of $0.21.
Port of Houston increases tonnage, box volumes in Q1
The Gulf Coast port’s total tonnage spiked 11 percent year-over-year during the quarter, while containerized cargo volumes increased 18 percent.