Gene Seroka, executive director at the Port of Los Angeles, said 2016 was an “epic” year, and in 2017, the port will focus on improvements in process management, information technology and land use.
Shares in the Jacksonville, Fla.-based Class I railroad jumped 23.4 percent on Thursday to close at $45.51 following reports outgoing Canadian Pacific CEO E. Hunter Harrison could be eyeing CSX as his next landing spot.
Amsterdam Airport Schiphol reported a cargo throughput of 1.66 million metric tons for the full year in 2016, a 2.5 percent increase compared with 2015 and a record for the airport.
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NYK Ports acquired a 20 percent share in Maher Terminals, which operates the largest terminal at the Port of New York and New Jersey.
The freight tracking software provider has received a shot in the arm from Susquehanna Growth Equity to boost product development and its geographic footprint.
The investment arm of the conglomerate Koch Industries took about a 25 percent stake in Infor, which bought supply chain software maker GT Nexus in 2014.