FedEx Corp. completed its $4.9 billion acquisition of TNT Express and will start integrating the European company into its network immediately.
The French ocean carrier received confirmation today for its estimated $2.4 billion acquisition of Neptune Orient Lines and its APL container shipping subsidiary by the Anti-monopoly Bureau of the Chinese Ministry of Commerce.
The seasonally adjusted For-Hire Truck Tonnage Index equaled 134.8 for the month, down another 2.1 percent from March and 2 percent compared with April 2015, according to the American Trucking Associations.
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The Obama visit to Cuba is part of a 16-month rapprochement that the administration hopes will ultimately lead to more bilateral trade with and political freedom in the island nation.
In order to transport goods beyond its borders, Iowa relies on a network of 10,000 miles of highways, 3,825 miles of tracks used by 18 large and small railroads, and 491 miles of navigable inland waterways bordering the state.
The 3rd Circuit U.S. Court of Appeals decision, which relies on a 1866 Supreme Court opinion, is being heralded as a victory for ocean carriers.