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Swift Transportation Company’s board of directors earlier this week also approved the repurchase of up to $100 million of the company’s outstanding Class A common stock.
U.S. Customs and Border Protection discovered more than $6 million worth of cocaine hidden in cases of Costa Rican pumpkins and squash at the Port of Philadelphia last week.
Freight rate software provider Freightos, which is beta testing a public rate marketplace for shipments from China to the U.S., is part of a growing group of startups aiming to invigorate the forwarding industry through modern IT.
After completing the long-awaited Trans-Pacific Partnership agreement on Monday, the Obama administration now faces its next challenge: promoting the trade pact to Congress and voters.
Just prior to announcing the board of TNT Express had approved its sale to FedEx, the company issued an investor alert warning shareholders that third quarter 2015 profits would be “materially lower” than in the third quarter of 2014.
A massive influx of refugees fleeing the war in Syria has resulted in increased wait times at border crossings and reduced volumes for trucking carriers, according to the International Air Cargo Association.