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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DHL Global Forwarding launched a weekly less-than-container load service that offers 9-day port-to-port transits from New York to Cartagena, Colombia.
The freight forwarding unit of European rail giant Deutsche Bahn AG saw earnings before interest and taxes increase 3.8 percent to 410 million euros (U.S. $438.5 million) on revenues that slid 2.2 percent to 15.1 billion euros in 2016.
DHL Supply Chain will acquire Polar Transportes, which provides transportation services to the Life Sciences and Healthcare industry in Brazil.