APL, which CMA CGM acquired in June 2016, contributed positively to the French ocean carrier's first quarter financial results, according to CMA CGM Group CEO Rodolphe Saadé.
"ShipRush services help e-commerce small and medium businesses and omnichannel retailers execute parcel shipments for last-mile delivery to customers," Descartes said in a statement.
After disrupting the taxi cab industry, the famed ride-sharing company's newly launched Uber Freight division is now accepting bookings for cargo moving in 53-foot dry and reefer vans.
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Certain provisions of the merger agreement would have "jumped the gun" by allowing NYK, MOL and "K" Line to share competitively sensitive information or prematurely combine, according to the Federal Maritime Commission.
Both the Port of Vancouver in British Columbia and the Virginia Port Authority have hosted record-size container vessels at their terminals in recent days.
In segments described as liner or containership operations, NYK, MOL and “K” Line reported a combined loss of 77 billion yen (U.S. $691 million) for the fiscal year ending March 31, 2017, resulting from historically low freight rates.