The fast-evolving supply chain technology market prompted the global forwarders to take over Forward Computers, which will be run under a joint venture as an independent business.
The declines in the carrier’s first-quarter net profit and revenue came despite an almost 12% jump in its container volumes to 5.6 million TEUs.
The union representing Canada’s West Coast longshore foremen say they are holding off a strike vote while a mediation process takes place with maritime employers.