The tank barge operator saw increased diesel revenues but fell flat on marine revenues and net earnings.
In segments described as liner or containership operations, NYK, MOL and “K” Line reported a combined loss of 77 billion yen (U.S. $691 million) for the fiscal year ending March 31, 2017, resulting from historically low freight rates.
United States gross domestic product increased just 0.7 percent in the first quarter of 2017, down from from a 2.1 percent growth rate the previous quarter and the slowest in three years, according to the “advance” estimate from the Department of Commerce.
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DHL Supply Chain will acquire Polar Transportes, which provides transportation services to the Life Sciences and Healthcare industry in Brazil.
The Danish shipping company will use the cloud computing platform to develop digital products and services across all brands in its A.P. Moller - Maersk Transport & Logistics division.
The global logistics startup Haven was previously known as an ocean freight marketplace, but used that platform as data discovery to build a collaborative workflow system.