The Lowell, Ark.-based intermodal and trucking provider’s net earnings for 2016 ticked up 1.1 percent from 2015 to $432.1 million.
The freight visibility software provider said it will be aggressively pursuing plans through 2017 to introduce support for additional modes of transportation.
Drewry's investment arm said the Taiwanese government will need to support Yang Ming, but Bronson Hsieh, chairman of the shipping company, said a merger is not an option.
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COSCO may make a bid of more than $4 billion for Hong Kong-based Orient Overseas Container Line, according to various media reports.
Drewry’s investment research arm said it believes CMA CGM of France is best positioned among the major carriers to be a perfect suitor for Orient Overseas (International) Limited, the parent company of Hong Kong-Based OOCL.
The Northwest Seaport alliance said it wanted more information and security before agreeing to transfer Terminal 46 in Seattle.