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.
Registration takes less than 1 minute.
Danish shipping giant A.P. Møller-Maersk’s stock has fallen dramatically in the past year as weak global trade growth has hurt its container shipping business and plunging crude prices have affected its normally reliable oil revenues.
The Port Authority of New York and New Jersey has asked that trucks not be sent to terminals after dockworkers reportedly walked off the job Friday morning.
An Amazon China unit has registered as a non-vessel-operating common carrier with the Federal Maritime Commission, a move that could make it easier for third party companies to sell goods through the e-commerce giant's "Marketplace."