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Ocean carrier COSCO continues to give no details other than to say it is “contemplating a plan on a material event” but claims trading suspension in not expected to exceed an additional month.
The Singapore-based IT provider's platform is aimed at mid-market forwarders who need modern IT applications and global partner connectivity to compete with major global forwarders.
U.S. Customs and Border Protection discovered more than $6 million worth of cocaine hidden in cases of Costa Rican pumpkins and squash at the Port of Philadelphia last week.
TOTE says "While this reflects that the ship was caught in rough seas and extreme weather, it is in no way indicative of the ship’s fate."
Rep. Stephen Fincher, R-Tenn., introduced a bill that would restore Ex-Im Bank’s operations and include various reforms, but will require a "discharge process" to reach the House floor for a vote.
The company’s minority investment in e-commerce specialist Ally Commerce Inc. is more about research than revenues, according to Rimas Kapeskas, head of UPS’s strategic enterprise fund.