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Mergers and acquisitions in the transportation and logistics sector in the first six months of the year, which have included several multi-billion dollar deals, are off to the hottest start in seven years, according to a new report from PwC US.
The international freight forwarder and logistics provider acquired RSH Freight Master Limited and subsidiary Principal Freight Limited, Hounslow (Heathrow) July 1.
International volumes are growing three times faster than domestic intermodal business, according to the Intermodal Association of North America.
The new Terminal Information Portal System (TIPS) will provide information on container availability, export booking status and more.
The FedEx unit of the Air Line Pilots Association has approved a new tentative contract agreement, which must now be voted upon by the express carrier’s 4,000 eligible pilots.
HighJump, a provider of supply chain management solutions, has acquired Wesupply, a U.K.-based premier business-to-business supply chain solutions supplier.