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Acquisition of French logistics giant Norbert Dentressangle clearly shows XPO has diverged from its initial strategy to roll up the North America freight brokerage market.
Ocean carriers NYK and "K" Line reported improved financial results, while MOL's loss widened.
Announced on the heels of a port driver labor strike, Eco Flow will use "free-flow" to move containers out of terminals to off-dock yards.
The $100 million deal consolidates two large drayage companies.
The stevedoring and ocean freight company's new vessel Marjorie C can carry both containers and roll-on/roll-off cargo.