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The agreement with trade union ver.di includes salary increases in 2016 and 2017, as well as employee protection against job dismissal through 2019.
Ocean carriers COSCO and Yang Ming joined forces to launch two feeder loops in North Europe.
The shipping and logistics provider teamed up with Staples to make it easier to ship UPS packages from the retailer's locations in the United States.
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.