Gross profits for the first nine months of 2016 remained practically unchanged from the same period last year, since the growth in air freight volumes offset the drop in ocean freight volumes, Panalpina CEO Stefan Karlen explained.
Major freight railroads in the United States employed 152,486 workers as of the middle of September 2016, down 0.17 percent from the previous month and 8.7 percent year-over-year, according to data from the Surface Transportation Board.
RoadOne IntermodaLogistics has acquired Milford, Conn.-based C & V Transportation in an effort to expand its operations in southern New England and the Port of New York and New Jersey, the company said in a statement.
Registration takes less than 1 minute.
Five leading shipowner groups have warned that unrealistic demands for carbon dioxide reductions could result in a shift toward less energy efficient transport modes.