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Hapag-Lloyd has reportedly picked Deutsche Bank, Goldman Sachs and Berenberg to assist it with an initial public offering, fueling speculation the German ocean carrier is accelerating its plan for a public float.
The $76 million purchase of MK Data bolsters Descartes customer base and screening content, while also giving further visibility into what value the market places on compliance-related software companies.
The neutral cloud-based platform Freightview was incubated at Kansas freight broker Freightquote, which C.H. Robinson bought in late 2014 to bolster its small shipper customer base.
The Maritime Administration's hoarding of proceeds from vessel sales, refusal to distribute maritime heritage grant funds and continued stonewalling of FOIA requests presents a troubling picture. And it’s not one of a transparent agency.
Brent crude, considered by most analysts to be the global benchmark for oil prices, fell below $50 a barrel for the first time since January amid slowing demand growth and growing global oversupply.
The global shipping transportation services provider, through a separate wholly-owned subsidiary, entered into a time charter contract with Maersk Line A/S, which will charter the m/v Great for $14,750 a day.