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U.S. Circuit Court of Appeals upheld a 2014 Kansas Supreme Court ruling that said the express carrier violated the Kansas Wage Payment Act in not treating drivers as employees.
The purchase of Memphis-based ReTrans Inc. is intended to expand K+N's North American network and sync with the third party logistics provider's ocean and airfreight businesses.
Singapore investment company Temasek is seeking buyers for Neptune Orient Lines, parent of ocean carrier APL, according to reports from the Wall Street Journal.
Senat Shipping claimed no wrongdoing or illegal activity on its part, and said the Treasury Departments action is a “misguided measure purely based on Senat's historical dealings with OMM,” according to a report from Reuters.
The U.S. State Department Monday released its annual “Trafficking in Persons Report” for 2015, in which it removed Trans-Pacific Partnership member Malaysia from its list of the worst offenders in the areas of human trafficking and slavery.
Meanwhile, drayage drivers at Pacific 9 Transportation continue their strike in an attempt to be reclassified as employee drivers.