FASA

The digital platform launched by a startup company two years ago to match shippers with unused capacity in the short-haul truckload and less-than-truckload market has cut its workforce by 50 percent, according to a report from Business Insider.

Box volumes at the Southern California port grew by double digits in the first quarter, but comparisons to last year are colored by the one-time West Coast labor disruption in early 2015.

JaxPort and the Port of New Orleans have new truck-rail transfer facilities that are expected to make more attractive shipping options.

German ocean carriers Hamburg Sud and Hapag-Lloyd are shifting two of their services from one member of the Northwest Seaport Alliance to the other.

The Jacksonville, Fla.-based railway posted net earnings of $356 million on revenues of $2.6 billion for the first quarter of 2016, year-over-year declines of 19 percent and 14 percent, respectively.

The International Monetary Fund cut its 2016 expansion forecast to 3.2 percent as weak exports and slowing investment dim prospects in the U.S., a consumption-tax hike saps growth in Japan, and a slump in prices continues to hobble commodities producers.

The Hong Kong-based logistics services provider entered into a memorandum of understanding to increase its stake in Indev Logistics Pvt. Ltd. from 30 percent to 50 percent.

Overseas shipments rose 11.5 percent in dollar terms in March from a year earlier, compared with a 25 percent slump in February, when factories and offices were closed for a week-long holiday, data showed Wednesday.

Worldwide personal-computer shipments dropped 9.6 percent in the first quarter of 2016, according to a recent report from market research firm Gartner Inc.

Under the agreement, Air Canada Cargo will launch dedicated freighter services from Canada to Latin America and Europe with Cargojet-operated 767-300ER freighter aircraft.