The Luxembourg-based airline’s net profit of $5.5 million last year fell significantly from its $49 million profit for 2015.

However, Ryder’s revenues for the quarter rose 7 percent year-over-year, driven by higher fuel costs passed through to customers.

Ships carrying up to 9,800 TEUs can now call terminals west of the Bayonne Bridge without worrying about tidal conditions now that U.S. Coast Guard Sector New York and pilot organizations lifted air draft restrictions.

Montreal, Canada-based Class I railway Canadian National saw its net income jump 12 percent year-over-year to C$884 million (U.S. $650 million) in first quarter 2017 on revenues that rose 8 percent percent to C$3.2 billion.

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However, the Baltic and International Maritime Council said the performance of the new ocean carrier alliances that set sail at the beginning of the month will be key in 2017.

The Phoenix, Ariz.-based trucking and intermodal carrier, which recently announced a $6 billion merger with competitor Knight Transportation, saw first quarter net income tumble 83.7 percent year-over-year to $5.2 million.

The Northwest Seaport Alliance handled 334,483 TEUs for the month and 899,295 TEUs so far in 2017, year-over-year increases of 14.2 percent and 10 percent, respectively, according to recent data from the port authority.

The four drayage drivers working for XPO Cartage, a unit of XPO Logistics, were issued orders, decisions and awards in their favor amounting to $855,285.62.

CMA Terminals and India’s Adani Ports and Special Economic Zone signed a joint venture agreement to operate a the new CT4 container terminal at the Indian port for the next 15 years.