The Danish ocean carrier’s plan to acquire Hamburg Süd in 2017 caps a landmark year for consolidation in the container shipping industry, noted Mario Cordero, the chairman of the Federal Maritime Commission.
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration today announced a final rule establishing a national database for the drug and alcohol testing records of commercial truck and bus drivers.
Transportation and logistics companies added 8,900 positions last month, following a revised 12,200-job increase in October, according to recent preliminary data from the U.S. Department of Labor.
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Although free trade deals can cause short-term job losses, the long-term economic gains far outweigh the costs.
The World Trade Organization has found one of seven separate Boeing tax incentives identified by the European Union to qualify as subsidies since it is contingent on the use of domestic goods over imported ones, according to a statement from the WTO.
Truck trailers orders reached 20,200 units in October, 72 percent over the previous month, but down 38 percent year-over-year, according to industry analyst FTR.