Registration takes less than 1 minute.
Third-party logistics provider Kuehne + Nagel Group reported higher profits in the first half of the year despite a decline in revenues compared to the same period in 2014.
Ocean carriers Hapag-Lloyd and Maersk announced plans for rate increases on August 1.
Senat Shipping claimed no wrongdoing or illegal activity on its part, and said the Treasury Departments action is a “misguided measure purely based on Senat's historical dealings with OMM,” according to a report from Reuters.
Oregon Rep. Earl Blumenauer said his recently introduced STRONGER Act would establish an enforcement trust fund that would be "paid for by foreign exporting cheaters."
Singapore-based GLP's $4.55 billion acquisition of IIT's logistics assets will make it second largest logistics property owner and operator in the United States within a year of market entry, the company said.