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The second quarter financial results of ocean carriers NYK, MOL and "K" Line reflected a weak Asia-Europe market and strong supply pressure.
The National Transportation Safety Board weighed in on the National Airlines Boeing 747 freighter crash at Bagram Airbase, Afghanistan in 2013.
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.
The U.S. Senate also passed a long-term highway bill that will be debated by the House after the summer break.
The European Commission will now conduct an in-depth analysis under the EU's merger regulations before coming to a decision on FedEx's $4.8 billion offer to buy TNT.