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The Port of Baltimore told American Shipper it will offer ocean carriers financial incentives to use rail for inland moves.
Singapore investment company Temasek is seeking buyers for Neptune Orient Lines, parent of ocean carrier APL, according to reports from the Wall Street Journal.
USA Truck appoints CEO, while England Logistics and High Road Partners appoint VPs, and the Renault-Nissan Alliance picks new head of supply chain.
The second quarter financial results of ocean carriers NYK, MOL and "K" Line reflected a weak Asia-Europe market and strong supply pressure.
The U.S. Senate also passed a long-term highway bill that will be debated by the House after the summer break.
The European Commission will now conduct an in-depth analysis under the EU's merger regulations before coming to a decision on FedEx's $4.8 billion offer to buy TNT.