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Swedish car company will join BMW and Mercedes-Benz as auto makers with plants in South Carolina.
Shipment volume and payments were up for the third month in a row despite first quarter GDP increasing only 0.2 percent, according to the latest Cass Freight Index Report.
Revenues from ocean carrier APL decreased as the company eliminated unprofitable capacity, according to NOL's most recent financial statements.
Pasha Group acquired Horizon Line's Hawaii trade lane operations, while Matson took over the ocean carrier’s Alaska business.
The benefits of upsizing are beginning to plateau and require more infrastructure investment, according to a new report by the OECD's International Transport Forum.
Rates on routes from Shanghai to the United States, on the other hand, rebounded from last week, according to estimates from the Shanghai Shipping Exchange.