The Chicago-based technology company more than doubled its headcount and tripled its office space after securing its first round of outside funding in September.
The United States exported higher amounts of beef and pork in terms of volumes and value in October compared to a year prior, but lamb exports were on the decline.
The group sent a letter to the President-elect, praising his recognition of the need for infrastructure investment and making suggestions on how to improve the economic competitiveness of the nation’s multimodal freight network.
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The recent declaration of bankruptcy by South Korean ocean carrier Hanjin Shipping is a symptom of what ails the container shipping industry, not the cure, as some analysts seem to suggest.
Japanese container carrier Kawasaki Kisen Kaisha could be targeted by Singapore-based hedge fund Effissimo, the firm’s largest shareholder as of early August, according to recent media reports.
Port says a softer U.S. dollar and big agricultural harvests resulted in a 20 percent increase in container exports in October.