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The Federal Maritime Commission found the Northwest Seaport Alliance is not likely to reduce competition or result in an unreasonable increase in cost or reduction in service.
MacroPoint hires new VP, while Bibby Ship Management names safety and quality director.
Members of the ocean carrier alliance have added a second call at Halifax on their Asia Suez Express service between Southeast Asia, the Indian subcontinent and the United States East Coast..
The second quarter financial results of ocean carriers NYK, MOL and "K" Line reflected a weak Asia-Europe market and strong supply pressure.
The U.S. Senate also passed a long-term highway bill that will be debated by the House after the summer break.
The European Commission will now conduct an in-depth analysis under the EU's merger regulations before coming to a decision on FedEx's $4.8 billion offer to buy TNT.