FedEx Corp. completed its $4.9 billion acquisition of TNT Express and will start integrating the European company into its network immediately.
The French ocean carrier received confirmation today for its estimated $2.4 billion acquisition of Neptune Orient Lines and its APL container shipping subsidiary by the Anti-monopoly Bureau of the Chinese Ministry of Commerce.
The seasonally adjusted For-Hire Truck Tonnage Index equaled 134.8 for the month, down another 2.1 percent from March and 2 percent compared with April 2015, according to the American Trucking Associations.
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The project will enable third-party logistics provider SEKO to expedite the availability of rates, improve their accuracy since prices are coming directly from UASC in CargoSphere’s cloud-based platform, and reduce staff hours in the process.
The world's second largest ocean carrier will use software provider INTTRA's eVGM solution to provide a portal for submission of verified container weight data ahead of the International Maritime Organization's July 1 deadline.
The U.S. Secretary of Commerce said in an interview on MSNBC’s “Morning Joe” program the Trans-Pacific Partnership and North American Free Trade Agreement, provide clear benefits to American workers.