United States GDP grew slightly more than initially expected in the first quarter of 2016, and durable goods orders ticked up in April, according to the most recent data from the Department of Commerce.
Meanwhile, the struggling South Korean ocean carrier said in a statement Sunday it expects to reach an agreement with ship owners regarding charter rate renegotiations “soon.”
The French ocean carrier reported it will pay 1.3 Singapore dollars (U.S. $0.94) for the Neptune Orient Line shares it does not already own, control or has agreed to acquire.
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The United States is about to import the largest wheat cargo from the UK in more than two decades as a combination of ample British supply, a weaker pound and rock-bottom freight rates make the unusual trade viable.
The U.S. International Trade Commission released a report this week that forecasts U.S. exports related to the Trans-Pacific Partnership, if passed by Congress, will increase by $57.2 billion by 2032.
The retail ready packaging company’s newest logistics and distribution center in Dublin, Ga. will create 110 new jobs in the region, according to a statement from Gov. Nathan Deal.