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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.
CEVA appoints CFO, DB Schenker selects CIO, CenterPoint names senior VP of investments, and Troy Container Line picks Midwest account executive.
Roadrunner names board audit committee chairman and Matson appoints replacement for longtime company spokesman, while U.S. Customs and Border Protection promotes assistant director for trade operations in Laredo.
The nation’s largest retailer began operations at the new facility in Plainfield, Ind., which has added 300 new jobs to the local economy.
The airfreight carrier of Saudi Arabia’s flag airline will begin dedicated weekly cargo flights to the New York City airport starting Sept. 4.
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.