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XPO Logistics, which announced Friday it had finalized its $3 billion acquisition of trucking and logistics provider Con-way Inc., will cut more than 10 percent of current Con-way staff at its Ann Arbor, Mich. headquarters and Portland, Ore. IT center.
The Port of New Orleans handled 537,285 TEUs in the past year through September 2015, surpassing the half million-TEU mark for the first time in any 12-month period, CEO Gary LaGrange said at the 29th Annual State of the Port Address.
The U.S. Federal Maritime Commission has received eight ocean transportation intermediary license applications and changes for review.