Revenues growth of 17.7 percent attributed to yield improvement, higher shipments and tonnage, and increased fuel surcharge revenues.
K + N acquires Ecuadorian perishables specialist
The purchase of Panatlantic Logistic builds on two acquisitions in the sector last year.
Intermodal volumes grow 6.2 percent
Growth in North America attributed to higher fuel prices, lack of truck capacity and strong economic performance.
China vows retaliatory tariffs on U.S. goods
Foreign ministry charges the United States “has repeatedly betrayed the consensus reached by negotiations and accelerated the trade war unilaterally again.”
Canadian newsprint dumping duties trimmed
“Canada remains disappointed with the final duty rates announced by the U.S. Department of Commerce,” says foreign affairs minister.
BIS restricts defense exports to South Sudan
The Bureau of Industry and Security ruling aligns with amendment to International Traffic in Arms Regulations.
Daseke takes wheel of Builders Transportation
The purchase price for the flatbed carrier specializing in the transport of steel, aluminum and other metal products was $53.8 million.
Yilport offer for Taranto port advances
The Italian port concession would be the 21st marine terminal in the Turkish company’s portfolio.
U.S. transportation, logistics employment slips
Firms shed 1,300 jobs during July, but June hiring figures were revised upward.
Fresh Del Monte: Transportation costs spoiled Q2
Congestion, delays and bad weather created “a perfect storm” and led to $5.6 million net loss.