The Memphis, Tenn.-based integrator posted net income of $692 million on $12.3 billion in revenues of for the first quarter of fiscal year 2016, year-over-year increases of 6 percent and 5 percent, respectively.
Port of Green Bay’s YTD tonnage sinks
The western-most port of Lake Michigan has handled 10 percent less cargo through the first eight months of 2015 in comparison to last year, despite an increase in August volumes.
Crowley opens new warehouse in Jacksonville, Fla.
The ocean carrier has opened a 49,702-square-foot warehouse in Jacksonville, Fla. this week and will open another 45,580-square-foot warehouse in Jacksonville Oct. 1 to serve its full and less-than-containerload customers.
COSCO Pacific to acquire Istanbul container terminal for $940m
The port terminal operator, in partnership with China Merchants Holdings International and CIC Capital, has agreed to purchase a majority stake in Kumport Terminal at the Ambarli Port Complex in Istanbul, Turkey.
Cargo volumes drop again at HKIA
Airfreight throughput at Hong Kong International Airport fell for the sixth straight month in August 2015.
HighJump develops craft brewery supply chain tools
Software company HighJump is targeting the fast growing craft beer makers with solutions designed to ease their specific omnichannel and fulfillment requirements.
Tulsa Port of Catoosa reports August volumes
A total of 155,990 tons of cargo moved through the inland river port via barge in August, according to the most recent figures from the port.
Shippers sound alarm over PTC deadline
With railroads not able to meet the December 2015 compliance deadline for positive train control, an extension is needed, according a letter sent to every member of the House Transportation and Infrastructure Committee this week.
Ascena Q4 Results Just Edge Past Forecast
Mahwah, NJ–Ascena Retail Group Inc., which recently bought Ann Inc., swung into a fourth quarter loss due to a write-down on Lane Bryant and falling sales at Justice stores. For the three months ended July 25, Ascena posted a loss of $323.4 million, or $1.98 a share, compared to a profit of $15.7 million, or […]
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What (and Who) Made Victoria Secret’s Latest Sexy List?
New York—As a purveyor “of all things sexy,” Victoria’s Secret announced today the 2015 What Is Sexy? List honoring the hottest and most inspiring women in Hollywood who embody a confident and aspirational lifestyle. From Sexiest Style to Sexiest Red Carpet Look, the women who made the list are all sexy, bold, and powerful: Sexiest […]
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