FASA

The third-party logistics provider saw its net profits drop despite revenues increasing 12.8 percent as it absorbed debt and expenses from recent acquisitions.

The Florida-based shipping and logistics company will launch its new Northern Service for cargoes between the Port of Wilmington, Guatemala and Honduras this month.

Despite a lack of support from the country’s new prime minister, infrastructure upgrades will be undertaken at the Port of Auckland even as port authorities search for a viable new home for the New Zealand port.

Less-than-truckload (LTL) holding company YRC Worldwide Inc.’s net income tumbled 78 percent from the third quarter of 2016, although the company did manage to boost revenues and lower its outstanding debt.

Non-vessel operating common carriers (NVOCC) CaroTrans and Craft Group now offer joint direct container services to the West Coast of South America in addition to their established service offerings to the East Coast of South America.

Maersk Container Industry selects new chief executive officer; Glander International Bunkering appoints managing director of its Norway office; and Gebrüder Weiss names country manager, air and sea Germany.

Carrier consolidation and the deployment of larger containerships, coupled with lagging infrastructure has created significant issues for North American terminals, according to a new report from consulting firm AlixPartners.

The PortMiami Perishables Committee, which represents the region’s bustling fruits and vegetable import industry, has asked the nation’s top agricultural official to intervene in turning back significant federal treatment fee increases.