Net earnings attributable to the Greenbrier Companies Inc. totaled $25 million for the first quarter of fiscal year 2017, while the company’s revenues stood at $552.3 million, quarter-over-quarter declines of 25.6 percent and 7.2 percent, respectively.
ILA opposes fully automated container terminals
Harold J. Daggett, president of the International Longshoremen’s Association, said the union will oppose fully-automated container terminals in upcoming contract talks with the United States Maritime Alliance.
NFI buys Canadian 3PL
Cherry Hill, N.J.-based NFI has strengthened its footprint in Canada with the acquisition of Dominion Warehousing & Distribution.
GLP confirms preliminary sale talks
Global Logistic Properties is seeking potential buyers as part of its independent strategic review, the company said in a statement to the Singapore Stock Exchange, confirming media reports from the Wall Street Journal and Bloomberg.
AAR: U.S. rail traffic drops 5% in 2016
Combined United States carload and intermodal cargo volumes increased for the second consecutive month in December 2016, but the growth was not enough to offset several months of previous year-over-year declines.
D.J. Powers acquires Norfolk-based customs broker
The freight forwarder and customs broker has merged with Fred P. Gaskell Co. of Norfolk, Va., effective Nov. 1, 2016, according to a statement from the company.
Executive Moves: Page International and GlobalTranz
Page International promotes director of sales and GlobalTranz hires senior vice president of carrier relations.
J.B. Hunt, BNSF to enter arbitration over revenue sharing
Trucking carrier J.B. Hunt Transport and Class I BNSF Railway have filed for arbitration in their negotiations regarding how revenues are divided under a joint service agreement for intermodal transport.
Radiant Logistics to acquire Canadian 3PL
Bellevue, Wash.-based Radiant Logistics has entered into a letter agreement, by which, through its wholly-owned subsidiary, Wheels International Inc., it has expressed its intent to acquire Lomas Logistics.
DON’T MISS ACCESSORIES & L2 EDUCATIONAL PRESENTATIONS AT THE JAVITS NY WOMEN’S SHOWS
Hitting the Javits next week for Coterie, AccessoriesTheShow, EDIT, Sole Commerce or other UBM Fashion trade shows? Looking for some new ideas for your store? Need to better understand how to compete against Amazon and survive in an omnichannel world? Wondering what the must-know trends off the Fall 2017 runways are? …
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