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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DHL Supply Chain will acquire Polar Transportes, which provides transportation services to the Life Sciences and Healthcare industry in Brazil.
BlueWater Reporting illustrated the ports of Norfolk and Savannah rank as the top two U.S. East Coast ports for transpacific alliance services deploying capacity from Asia.
The World Shipping Council has warned of unintended consequences that would be detrimental to shippers if a rule was adopted that would limit situations in which detention and demurrage may be collected.