The German ocean carrier is citing benefits from its planned merger with United Arab Shipping Company, but Reuters has reported a "snag" in those plans.
The freight rate marketplace and management software provider's venture capital investment has now topped $50 million as it seeks to digitize the freight rate environment.
The Seattle-based e-commerce giant’s acquisition of SOUQ.com, the largest online retail and marketplace platform in the Arab world, is expected to close some time in 2017.
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Two Floridian ports changed plans on inking deals with the Cuban government after Florida Gov. Rick Scott said he would recommend restricting state funds for ports that work with Cuba.
Crowley Maritime Corporation signed a multi-year stevedoring and terminal services agreement with Penn Terminals to accommodate its weekly Northeast container shipping service to and from Puerto Rico.
Despite surpassing analyst projections, C.H. Robinson’s earnings per share for the quarter were still lower than in Q4 2015, but revenues increased 6.4 percent year-over-year due to volumes growth across all services.