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Tensions related to John Walsh's leadership style and disparaging remarks about people opposed to plans for growing cargo and a freight-rail connection led the Port Canaveral Commission to seek his removal.
Ocean carriers Maersk Line, CMA CGM and NileDutch announced general rate increases.
After the seasonal suspension of the alliance's transpacific CC2 service, G6-operated loops from Asia to the West Coast of North America will deploy 7 percent less capacity in the trade.
No sighting of lifeboat yet as multiple aircraft and ships search the area for TOTE Maritime Puerto Rico ship and crew.
Rep. Stephen Fincher, R-Tenn., introduced a bill that would restore Ex-Im Bank’s operations and include various reforms, but will require a "discharge process" to reach the House floor for a vote.
The company’s minority investment in e-commerce specialist Ally Commerce Inc. is more about research than revenues, according to Rimas Kapeskas, head of UPS’s strategic enterprise fund.