Registration takes less than 1 minute.
EU antitrust regulators said Kuehne + Nagel, Express Interfracht, and Schenker operated as a cartel, fixing prices on their joint "Balkantrain" and "Soptrain" services in Europe from July 2004 to June 2012.
A Paris court has granted XPO Logistics a temporary injunction against Elliott Management Corp., limiting the hedge fund from selling its shares of ND, according to reports from the Wall Street Journal.
The third-party logistics company announced its plan for a 100,000-square-meter logistics hub in Tuas, Singapore.
The second quarter financial results of ocean carriers NYK, MOL and "K" Line reflected a weak Asia-Europe market and strong supply pressure.
The U.S. Senate also passed a long-term highway bill that will be debated by the House after the summer break.
The European Commission will now conduct an in-depth analysis under the EU's merger regulations before coming to a decision on FedEx's $4.8 billion offer to buy TNT.