The freight broker and third-party logistics provider also said Wednesday it has completed the integration of truckload-oriented freight broker Command Transportation, LLC, which it acquired in June 2015 for $420 million.
The railroad transportation equipment manufacturer posted net earnings of $183.2 million in fiscal 2016, ended Aug. 31, a 5 percent decrease from the previous fiscal year, even as revenues reached a record $2.68 billion.
The Northwest Seaport Alliance will release two new mobile applications, DrayQ and DrayLink, in early November as part of an effort to speed cargo flow through the ports of Seattle and Tacoma and along local freight corridors.
Registration takes less than 1 minute.
Wilmington, Calif.-based Trapac disclosed its plans to lease an additional 57 acres and two vessel berths at the port during a meeting of Oakland’s Board of Port Commissioners last night.
Guy Courtin, vice president of industry and solution strategy at GT Nexus, said shippers should think of visibility as a tool to monitor and connect all of their trading partners, whether product suppliers or transportation vendors.
The 500-year-old postal service acquired California's Golden State Overnight Delivery Service for $90 million.