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Rates on routes from Shanghai to the United States, on the other hand, rebounded from last week, according to estimates from the Shanghai Shipping Exchange.
Dubai-based Mercator, majority owned by the private equity group Warburg Pincus, plans to link Catapult's rate and quote management solutions with its own air cargo-focused technology.
DNV and Kane Is Able appoint senior executives, while FPS and the University of Denver's Transportation Institute add to their boards.
International Longshoremen’s Association and employers represented by the United States Maritime Alliance will begin full wage scale meetings in mid‐September.
Total shipments and total revenues for third party logistics providers both fell in first quarter 2015 compared to fourth quarter 2014, according to a recent benchmarking report from the Transportation Intermediaries Association.
Daseke, Inc., an open-deck and specialty transportation company, announced it would merge with Charleston, S.C.-based Bulldog Hiway Express.