Worldwide Flight Services appoints new CEO, while CSafe names director of strategic life science sales.
Allan Dow, president of Logility, said the acquisition extends Logility’s ability to deploy innovative supply chain and retail optimization solutions faster and at a lower total cost of ownership.
However, individual terminals at the ports of Los Angeles and Long Beach will negotiate directly with chassis leasing companies over compensation for storing chassis and providing services to lessors.
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Ocean carriers MOL, NYK and “K” Line all reported losses in their container segments and lower revenues year-over-year for the first fiscal quarter, which ended June 30.
Meanwhile, the A.P. Møller - Maersk conglomerate, which includes both Maersk Line and APM Terminals, reported second quarter profits of $118 million, 89 percent below the $1.09 billion in the second quarter of 2015.
United States truck trailer net orders totaled 9,500 units in July 2016, a 20 percent decline from June and a 55 percent drop from the same 2015 period, according to freight transportation analyst FTR.