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Announced on the heels of a port driver labor strike, Eco Flow will use "free-flow" to move containers out of terminals to off-dock yards.
The stevedoring and ocean freight company's new vessel Marjorie C can carry both containers and roll-on/roll-off cargo.
Sportswear company redirected cargo from Port of Long Beach to the East Coast in the aftermath of the labor strife at West Coast ports that caused massive cargo backlogs.
The logistics roll-up company will raise the funds in both equity and the sale of senior notes to finance current and future acquisitions.
Move opens the door for full establishment of diplomatic relations and business opportunities between the United States and Cuba.
Ocean carrier United Arab Shipping Co. will enter the transatlantic trade via partnership agreements with fellow Ocean3 member CMA CGM and Hamburg Sud.