FASA

Florida East Coast Railway Holdings Corp. will be acquired by GMéxico Transportes S.A. de C.V. in an all cash transaction.

The Atlanta-based parcel giant added four stations in China, and one station each in Poland and Germany to its full and less-than-container load multi-modal rail service between Europe and China.

Silicon Valley-based Turvo’s platform launched Tuesday, allowing shippers, brokers and carriers to work together in real-time across the entire supply chain.

The airfreight carrier saw volumes rise 1.8 percent to 218,000 metric tons during the year despite a reduction in revenues caused by route changes driven by passenger demand, according to John Lloyd, senior vice president of cargo at Virgin Atlantic.

The port terminal operator arm of the recently merged China COSCO Shipping saw earnings tumble 42.5 percent to $247 million for the full year in 2016 despite a 1.2 percent increase in revenues compared with the previous year.

New, direct rail connections link Germany to eastern and southern Europe.

The e-commerce giant may have competition in its bid for Dubai-based online retailer Souq.com, however, as Emaar Malls has submitted a competing offer, according to reports from multiple media outlets.

The Greenock Ocean Terminal, Scotland’s deepest container terminal, has projected its container volumes will double between now and 2021 thanks to the new Liverpool2 terminal that opened late last year.

Greencarrier Freight Services appoints chief executive officer, and Alaska Airlines names vice president of airport operations and customer service.