Yang Ming responded by saying it has unwavering support of Taiwan’s government and has "proactively reorganized internally to effectively reduce its operating costs."
Orient Overseas Container Line’s parent company said it is not aware or involved in any bid relating to the company or OOCL.
Kansas City Southern’s net income fell 1.1 percent to $479.9 million for the full year in 2016 on revenues that slid 3.5 percent compared to the previous year, according to the company’s most recent financial statements.
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Approximately 250 pilots working for ABX Air went on strike Tuesday morning, refusing to fly scheduled routes, including those for the airline’s major customers, DHL and Amazon.
The outbound cross-border eCommerce distribution center is scheduled to be built by April 2017 in Narita, Japan.
Harold J. Daggett, president of the International Longshoremen’s Association, said the union will oppose fully-automated container terminals in upcoming contract talks with the United States Maritime Alliance.