FASA

Companies in the shipping and logistics industry would be wise to view every technological product and pitch as an attempt to gather their data.

Despite C.H. Robinson’s full-year net income slipping 1.7 percent from 2016, in the fourth quarter alone, the third-party logistics provider’s net income surged 24.7 percent from 2016’s fourth quarter.

Uffe Ostergaard, who has experience working at United Arab Shipping Co. and Maersk, will officially succeed Wolfgang Freese as Hapag-Lloyd’s North America president on April 1.

The ocean carrier will launch a new service network between Asia and South America’s West Coast, Mexico, Central America and the Caribbean in April.

During Tuesday evening’s State of the Union address, President Donald Trump called on Congress to develop legislation that generates at least $1.5 trillion for new infrastructure.

The French logisitcs company acquired a majority stake in Danish freight forwarder Global Solutions A/S to further its global end-to-end offering in the Scandinavian markets.

Tiger Cool Express appoints chief commercial officer and executive vice president of operations, FedEx names president of FedEx Express Europe and CEO of TNT, DACHSER promotes COO of air and sea logistics, and Smith Transport selects new president.

Members of the North American Free Trade Agreement closed the anti-corruption chapter during the sixth round of negotiations, however, the United States and Canada disagreed over trade balance numbers.

Omaha, Neb.-based trucking operator and logistics provider Werner Enterprises saw its fourth quarter and full-year net income spike 547 percent and 156 percent, respectively, thanks in part to a $110.5 million reduction in income tax expenses.