The chassis leasing company will roll out TRAC Select in 20 locations across the United States.
Prologis U.K. Logistics Venture will be 85 percent owned by CBRE clients and 15 percent owned by Prologis.
The Chattanooga, Tenn.-based third-party logistics provider said the app increases supply chain visibility by photo-documenting shipments to improve compliance and reduce costs.
Registration takes less than 1 minute.
Federal Maritime Commissioner Rebecca Dye said the reduction from four to three major container shipping alliances should decrease rates on the transpacific trade, but the decline could be offset by upward rate pressure due to expected mergers.
As many as 100 more Panamax vessels - containerships with a capacity of 4,000-5,000 TEUs - need to be scrapped before owners see any significant increase in demand and charter rates, according to the latest weekly report from industry analyst Alphaliner.
European Parliament members voted Wednesday to include maritime shipping in the European Emission Trade Scheme Directive by 2023, if there’s no comparable system operating in the International Maritime Organization by 2021.