Seaspan Corporation’s earnings and revenue declined in the first quarter.
Higher industrial output helped increase the frequency and weight of LTL shipments in the first quarter at Old Dominion Freight Line.
Cargolux posted a sharply reduced profit and lower revenue in 2016.
The Dubai-based port operator handled 16.4 million TEU in the first three months of 2016.
The move seeks to solve a core problem that underpins the industry’s slow pace in digitalizing processes.
Japan’s international air cargo trade will rise for the second successive year.
March was a good month for the Asian air cargo industry, with the recovering markets accelerating further on rising regional import-export activity.
With the help of Microsoft, Maersk Line plans to roll out customer software applications in the third quarter that will help beneficial cargo owners track containers and manage cargo.
Higher freight demand fails to absorb excess truckload capacity, pushing down rates and tightening margins for largest US freight broker.
Trading in Yang Ming stock on the Taiwan Stock Exchange was suspended last week.