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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The port attributed the 11.2 percent year-over-year decline in February’s container volumes to reduced economic activity in Asia associated with the Lunar New Year.
The Jacksonville Port Authority’s governing board on Wednesday voted to accept Chief Executive Officer Brian Taylor’s resignation, and appointed Eric Green, current senior director of government affairs for the North Florida port, to acting CEO.
American Shipper has launched a short survey to collect feedback on how the industry expects to be affected by the new ocean carrier alliances that launched at the beginning of the month.