FASA

Net orders for North American Class 8 trucks in April dropped 16 percent from March and 39 percent compared with April 2015, according to preliminary data from freight forecaster FTR Transportation Intelligence.

The Port of Savannah will weigh export containers at no cost to help shippers comply with new International Maritime Organization requirements for providing verified gross mass data to carriers.

The transportation management system software provider had been planning for the next stage of its growth since early 2016 by looking for opportunities to extend the reach and capabilities of its LeanTMS platform.

Air cargo craft operator Atlas Air Worldwide Holdings, which saw net income and revenues plummet year-over-year in the first quarter of 2016, said it expects earnings and cash flow to grow over time thanks to new agreements with e-commerce behemoth Ama…

The Netherlands-based global package delivery firm’s announcement of its intended sale of TNT Innight came just five days after China’s Ministry of Commerce approved the $4.8 billion acquisition of TNT Express by parcel giant FedEx.

Thanks to limited competition and favorable regulations, all major North American railroads were able to enact rate increases earlier this year even as freight volumes fell the most since 2009.

The Southern California port now has three electrified berths capable of supplying shore power to refrigerated cargo vessels.

The asset-light transportation and logistics services provider posted earnings per share of $0.08, well short of industry advisory firm Stifel’s estimate of $0.22 per share and the street consensus estimate of $0.23 per share.

Crude oil prices have risen about 60 percent from a 2016 low, but the risk that prices will again fall is forcing Maersk’s oil unit to explore bigger cost cuts than previously planned, according to group CEO Nils Smedegaard Andersen.

Combined United States carload and intermodal cargo volumes fell 11.8 percent in April compared with April 2015 and 7.8 percent for the first four months of 2016, according to data from the Association of American Railroads.