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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The Canadian sailors’ union accepted a last-minute settlement offer put forward by the Government of Canada.
Florida East Coast Railway Holdings Corp. will be acquired by GMéxico Transportes S.A. de C.V. for $2.1 billion.
South Korean shipyards exited the business of making cranes a decade ago because of stiff compeitition from Chinese makers.