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Duluth Seaway Port Authority names business director and Port of Long Beach gets new communications chief, while TIACA appoints five to board.
The plot may have been an inside job, as one of the 13 people arrested reportedly worked for the Suez Canal Authority.
The container terminal operator made the decision because its primary customer in Jacksonville, ocean carrier Horizon Lines, halted its Puerto Rico service and sold off its assets in 2014, APMT said in a statement.
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.