TNT Express on Friday said it has entered an agreement to sell its airline operations, TNT Airways and Pan Air Líneas Aéreas, to ASL Aviation Group.
Canadian Pacific published a third white paper regarding its proposed acquisition of Norfolk Southern Corp., and the U.S. Surface Transportation Board has begun to receive letters from rail customers in support of the controversial takeover.
A $60 million upfront payment by Ports America and TIL gives the Northern California port limited recourse following their departure from Oakland Harbor Terminal, according to a research note by Fitch Ratings.
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2015 was a strong year for the Port of Indiana-Jeffersonville, located on the Ohio River in metro Louisville, especially for metal and grain shipments.
The French ocean carrier has doubled the size of its offices on Reunion Island, and plans to make the overseas French department its hub in the Indian Ocean.
The Perla del Caribe, the sister ship of world’s first containership fueled by liquid natural gas, is expected to enter service for TOTE Maritime Puerto Rico next month.