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Price tag for Singapore-based APL Logistics is significantly higher than the $750 million first mooted when NOL announced in August that it was exploring a sale or IPO.
Singapore liner company says congestion at U.S. West Coast ports cost it $15 million in fourth quarter.
Two carriers announce GRIs effective February 1 for several trades.
The Maersk Garonne was pulled free early Saturday morning, just hours after running aground.
On-time performance is being hampered by congestion at West Coast ports.
DHS funding crisis means the agency will have to focus resources on border security, cargo clearance