Gene Seroka, executive director at the Port of Los Angeles, said 2016 was an “epic” year, and in 2017, the port will focus on improvements in process management, information technology and land use.
Shares in the Jacksonville, Fla.-based Class I railroad jumped 23.4 percent on Thursday to close at $45.51 following reports outgoing Canadian Pacific CEO E. Hunter Harrison could be eyeing CSX as his next landing spot.
Amsterdam Airport Schiphol reported a cargo throughput of 1.66 million metric tons for the full year in 2016, a 2.5 percent increase compared with 2015 and a record for the airport.
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The freight forwarder and customs broker has merged with Fred P. Gaskell Co. of Norfolk, Va., effective Nov. 1, 2016, according to a statement from the company.
Technology is the fundamental reason why the manufacturing jobs of the 1950s and ‘60s have gone away and won’t come back, not trade deals and currency devaluation, according to American Shipper IT Editor Eric Johnson.
Trade data technology provider Datamyne has been acquired by logistics and customs software maker Descartes in a $52.7 million deal intended to help Descartes’ customers make more informed supply chain decisions.