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Judge John Gleason of the Eastern District Court of New York granted class-action status to plaintiffs seeking compensation from several airlines for raising their transportation costs.
Maritime services provider Inchcape Shipping Services announced a strike scheduled at the Port of Necochea, Argentina for July 10, July 16 and July 17 has been lifted and suspended for 15 days.
Net income at Canadian Pacific Railway increased 5 percent to $390 million Canadian in second quarter 2015 compared to second quarter 2014, according to the company’s most recent financial statements.
Senat Shipping claimed no wrongdoing or illegal activity on its part, and said the Treasury Departments action is a “misguided measure purely based on Senat's historical dealings with OMM,” according to a report from Reuters.
Oregon Rep. Earl Blumenauer said his recently introduced STRONGER Act would establish an enforcement trust fund that would be "paid for by foreign exporting cheaters."
Singapore-based GLP's $4.55 billion acquisition of IIT's logistics assets will make it second largest logistics property owner and operator in the United States within a year of market entry, the company said.