Trucking and intermodal carrier Swift Transportation grew net income 4.7 percent year-over-year to $38 million in third quarter 2016 on revenues that slipped 4.9 percent to $1.01 billion compared with the same 2015 period.
Ryder Q3 earnings drop despite increased revenues
The commercial fleet management, dedicated transportation and supply chain solutions provider saw third quarter net income fall 6.3 percent to $85.1 million compared to the same 2015 period despite a 3.3 percent uptick in revenues.
Energy 3PL uses FourKites for tracking
Dupré Logistics has begun using FourKites’ third-party load tracking technology to alleviate driver check-in calls and provide customers with more accurate ETAs.
Commerce sets duties for welded steel pipe imports
The Commerce Department has set its final antidumping duties for imports of circular welded steel pipe from Oman, Pakistan, the United Arab Emirates and Vietnam.
DP World box volumes up 2.2% so far in 2016
The Dubai-based container terminal operator posted a cargo throughput of 47.5 million TEUs at its container terminals in the first nine months of 2016, a 1 percent increase from the same 2015 period on a like-for-like basis.
Costamare postpones delivery of four containerships
In addition, the containership leasing company reported a profit of $20.7 million for the third quarter of 2016, down from $34.8 million a year earlier.
FedEx unit offers warehouses aimed at healthcare customers
The new GENCO multi-tenant facilities are located in Memphis, Tenn. and Milton, Ontario, comprising 1.1 million square feet and 400,000 square feet, respectively.
Industrial redevelopment plan could lead to new Indiana port
Commercial Development Co. has acquired a 725-acre retired coal-fired power plant on the Ohio River, which the Ports of Indiana identified earlier this month as a favorable location for the development of the state’s fourth port.
Executive Moves: RoadOne and BestTransport
RoadOne IntermodaLogistics names VP of Northeast sales, while BestTransport.com appoints president.
Japan’s export, import values decline in September
Although exports from Japan in September fell 6.9 percent from a year prior to 5.97 trillion yen, the decline was not as sharp as analysts had projected.