Japanese ocean carrier Mitsui O.S.K. Lines has purchased a 20.9 percent share in PKT Logistics Group, a provider of end-to-end logistics solutions, including freight forwarding, customs brokerage, contract logistics, haulage, and distribution.
Yusen Logistics Turkey has merged with İnci Holding subsidiary İnci Lojistik to form a new joint venture company, Yusen İnci Lojistik, which will begin operations on April 1, 2017, the companies said in a joint statement.
United States gross domestic product increased 2.1 percent in the fourth quarter of 2016, according to the “third” estimate from the Department of Commerce, up from a previous estimate of 1.9 percent.
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