The Mondovi, Wis.-based temperature-sensitive truckload carrier recorded earnings per share of $0.25 for the quarter, surpassing the street consensus and Stifel estimate of $0.21.
The Gulf Coast port’s total tonnage spiked 11 percent year-over-year during the quarter, while containerized cargo volumes increased 18 percent.
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.
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CEO Nicolas Sartini said the period of uncertainty before its sale to CMA CGM is over and the brand is ready to flex its U.S. expertise and innovative spirit again.
However, the French ocean carrier, which acquired APL last year, said operating profits recovered in the fourth quarter of the year.
Truckload pricing slipped another 0.8 percent for the month compared to February 2016, the 12th consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.