Gross profits for the first nine months of 2016 remained practically unchanged from the same period last year, since the growth in air freight volumes offset the drop in ocean freight volumes, Panalpina CEO Stefan Karlen explained.
Major freight railroads in the United States employed 152,486 workers as of the middle of September 2016, down 0.17 percent from the previous month and 8.7 percent year-over-year, according to data from the Surface Transportation Board.
RoadOne IntermodaLogistics has acquired Milford, Conn.-based C & V Transportation in an effort to expand its operations in southern New England and the Port of New York and New Jersey, the company said in a statement.
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The Danish conglomerate said one division will focus on transport and logistics, while the other division will focus on energy.
Eden Prairie, Minn.-based C.H. Robinson has been perfecting the concept of just-in-time logistics for more than 100 years, delivering fresh fruits and vegetables to customers across the United States and throughout the world.
The South Korean carrier said certain providers have been charging its customers more than what it would have charged to transport cargo and has tried to intervene, taking its concern up with the Federal Maritime Commission.