Jacksonville, Fla.-based Landstar System, Inc. reported record first quarter revenues of $780.9 million for the first quarter of 2016.
The Thomasville, N.C.-based less-than-truckload carrier surpassed analyst expectations, posting earnings per share of $0.80 for the quarter.
The Atlanta-based parcel giant reported increased revenues in all of its business segments, and surpassed analyst expectations with an earnings per share of $1.32 for the quarter.
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2017 will be a pivotal period for companies doing business in or though Canada, as two geopolitical events will impact its place in the global trade marketplace, according to Keith Haurie, vice president of business development for ONESOURCE Global Trade.
Shippers and logistics service providers continue to improve the nature of their strategic relationships, recognize the value of technology and innovation, and forecast growth outside their traditional businesses, according to an eyefortransport report.
A European Union court on Tuesday struck down a 2013 decision by the European Commission to block the parcel giant’s planned takeover of Netherlands-based express carrier TNT Express, which was later acquired by UPS arch rival FedEx.