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Rickmers, which manages the ship for Maersk said Iranian navy fired "warning shots" at Marshall Islands-flagged Maersk Tigris.
XPO's purchase of the French 3PL is the company's first international acquisition and gives it a strong foothold in the European market.
Trade Promotion Authority gives the White House more freedom to negotiate major free trade agreements with Pacific Rim and European partners.
Cuba has pent up demand for trade and U.S. companies are eager to tap a new export market.
The Senate approved another short-term extension to continue funding highway, bridge and transit projects.