FASA

The Phoenix, Ariz.-based trucking and intermodal carrier, which recently announced a $6 billion merger with competitor Knight Transportation, saw first quarter net income tumble 83.7 percent year-over-year to $5.2 million.

The Northwest Seaport Alliance handled 334,483 TEUs for the month and 899,295 TEUs so far in 2017, year-over-year increases of 14.2 percent and 10 percent, respectively, according to recent data from the port authority.

The four drayage drivers working for XPO Cartage, a unit of XPO Logistics, were issued orders, decisions and awards in their favor amounting to $855,285.62.

CMA Terminals and India’s Adani Ports and Special Economic Zone signed a joint venture agreement to operate a the new CT4 container terminal at the Indian port for the next 15 years.

The U.S. Coast Guard is coordinating with the New York Air National Guard and the Canadian and Portuguese Coast Guards following an explosion and fire on an international bulk carrier 1,300 miles offshore Cape Cod, according to a statement from the USCG.

Kempten, Germany-based global logistics provider Dachser said the acquisition allows it to expand and strengthen its logistics network throughout northwestern Europe.

The Hellenic Republic Asset Development Fund said a consortium comprising Deutsche Investment Equity Partners, Belterra Investments, and Terminal Link submitted an improved financial offer for a majority stake in the Greek port.

The eastbound lane at Gatun locks will tentatively close for 10 days in May for dry chamber work.

MacroPoint announced its partnership with API provider Banyan, while FourKites unveiled its enhanced integration with supply chain software provider JDA.