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A fire broke out in a container onboard the United Arab Shipping Co. vessel Alula in the early hours of Friday morning as it arrived at Waltershof harbor, according to a statement from the city of Hamburg, Germany.
Investment firm Brookfield Infrastructure Consortium will purchase 55 percent of Asciano Limited in a deal that will value the rail and port logistics provider at approximately $8.8 billion.
President Obama on Wednesday announced his intent to nominate T.F. Scott Darling III to administrator of the Transportation Department’s Federal Motor Carrier Safety Administration.
The new Terminal Information Portal System (TIPS) will provide information on container availability, export booking status and more.
The FedEx unit of the Air Line Pilots Association has approved a new tentative contract agreement, which must now be voted upon by the express carrier’s 4,000 eligible pilots.
HighJump, a provider of supply chain management solutions, has acquired Wesupply, a U.K.-based premier business-to-business supply chain solutions supplier.