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Union Pacific and DB Schenker appoint senior executives, while Episcale hires two former American Airlines Cargo executives and Avianca's CEO steps down.
Foreign Minister Sameh Shoukry said Monday that Egypt is capable of protecting the new waterway that runs alongside the existing canal.
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.
The second quarter financial results of ocean carriers NYK, MOL and "K" Line reflected a weak Asia-Europe market and strong supply pressure.
The U.S. Senate also passed a long-term highway bill that will be debated by the House after the summer break.
The European Commission will now conduct an in-depth analysis under the EU's merger regulations before coming to a decision on FedEx's $4.8 billion offer to buy TNT.