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Some cargo diverted from West Coast ports during recent congestion crisis will stay on eastern seaboard, according to area port directors.
The U.S. Federal Maritime Commission has received 25 ocean transportation intermediary license applications and changes for review.
The agency alleges Optisource offered three undeclared hazmat shipments to UPS for air transport to Puerto Rico and Canada.
The Netherlands-based express carrier said it expects 2015 to be a “challenging year of transition” after reaching a tentative $4.2 billion purchase agreement with FedEx.
The parcel giant reported improved profitability across all business units in the first quarter 2015, thanks primarily to new pricing initiatives, revenue management and strong growth in international volumes.
The joint-venture company formed by the Public Investment Fund of Saudi Arabia and PSA International handled its first commercial containership last week.