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Federal Maritime Commissioner Doyle and shipper groups say they want more details on the Port of Oakland's plan to help relieve congestion by opening facilities on Saturdays and charging peak usage fees.
The third-party logistics company said it will be 3M's preferred logistics service provider in warehouse management and distribution in Singapore, Malaysia and Indonesia.
The Netherlands-based logistics provider reported a 25 percent year-over-year increase in EBITA despite a 10.2 percent decline in net revenues for the second quarter of 2015.
Saverco NV, a controlling shareholder of Antwerp-based cargo ship and aircraft lessor CMB, will seek to purchase all outstanding shares of CMB.
Rates from Shanghai to Northwest Europe and the Mediterranean have increased dramatically in the past two weeks, but rates from Shanghai to the United States have fallen three weeks in a row.
Weak trade has limited growth opportunities for airfreight carriers, but trade is expected to improve in the second half of the year, according to the International Air Transport Association.