The commercial fleet management, dedicated transportation and supply chain solutions provider saw third quarter net income fall 6.3 percent to $85.1 million compared to the same 2015 period despite a 3.3 percent uptick in revenues.
The new GENCO multi-tenant facilities are located in Memphis, Tenn. and Milton, Ontario, comprising 1.1 million square feet and 400,000 square feet, respectively.
Trucking and intermodal carrier Swift Transportation grew net income 4.7 percent year-over-year to $38 million in third quarter 2016 on revenues that slipped 4.9 percent to $1.01 billion compared with the same 2015 period.
Registration takes less than 1 minute.
American Shipper has profiled the founders of four companies - Haven, ClearMetal, Flexport and Xeneta - that are presenting a unique approach to technology application in ocean freight.
The first logistics-focused technology accelerator Dynamo has its inaugural demo day Tuesday, and American Shipper recently visited Chattanooga to find out more.
The Long Beach Board of Harbor Commissioners is expected to formally name Duane Kenagy as the port’s interim chief executive officer Wednesday, who joined the port in 2014.