International Logistics

Quarterly revenue—$22.9 billion—headed up 27% annually, and adjusted earnings per share—at $2.77—climbed 141% annually and was nearly a full dollar ahead of Wall Street expectations, at $1.72. Consolidated quarterly operating profit increased 158%, to $2.8 billion.

Third-party logistics (3PL) services provider Schneider Logistics, a subsidiary of Schneider International, said it will sell its United States- and China-based freight forwarding and customs house brokerage businesses to Norbert Denressangle, a Lyon, Paris-based provider of transportation, logistics, and freight forwarding services.