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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.
Neptune Orient Lines, parent of ocean carrier APL, is "totally focused" on returning the liner business to profitability, NOL CEO Ng Yat Chung said during a call with securities analysts.
Analysts have lauded the decision to let Coyote operate as it has in the past, as the $1.8 billion deal gives UPS significant access to the truckload market, which was previously a void in its portfolio.
The Dubai-based port terminal operator was fighting a proposed 750 percent rent increase at Port of Melbourne.
The Norwegian ocean carrier reached an agreement with the Competition Commission of South Africa after admitting to price fixing, market allocation and collusive tendering.
Trade ministers left Hawaii on Friday without concluding a TPP deal because several countries held out to protect specific domestic industries like pharmaceuticals, automobiles and agriculture from competition.