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Grand Alliance chassis pool will be terminated and Direct ChassisLink will contribute those assets to its expanded pool.
Parcel giant will begin offering express delivery, contract logistics and freight forwarding services in the Southeast Asian nation.
Analysts see no let up in rate volatility as big ship deliveries continue.
The logistics roll-up company will raise the funds in both equity and the sale of senior notes to finance current and future acquisitions.
Move opens the door for full establishment of diplomatic relations and business opportunities between the United States and Cuba.
Ocean carrier United Arab Shipping Co. will enter the transatlantic trade via partnership agreements with fellow Ocean3 member CMA CGM and Hamburg Sud.