International Airlines Group subsidiary IAG Cargo had revenues of 240 million euros for the third quarter of 2016, down 7 percent from the third quarter of 2015.
DHL Supply Chain picks transportation president, while Kane Is Able names senior VP of transportation and solutions.
XPO Logistics said the sale of its truckload operations includes approximately 3,000 tractors, 7,500 trailers and 29 facilities it acquired in its October 2015 purchase of Con-way Inc., and proceeds will be used to pay down debt.
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Meanwhile, a judge in STX Offshore’s Korean bankruptcy proceedings has ordered the troubled shipbuilder to put its shipyard up for sale along with its profitable cruise ship subsidiary based in France, according to multiple media reports.
The Memphis, Tenn.-based third-party logistics provider has opened a new warehouse and office in Miami, Fla. to serve growing import and export demand in the region, the company said in a statement.
DHL’s eCommerce Singapore division has introduced a “hybrid” shipping product called Parcel International Direct Australia aimed specifically at online retailers in Singapore looking to expand their business in Australia.