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The supply chain design software provider has bought the supply chain design and optimization software products and team of South African conglomerate Barloworld for an undisclosed sum.
The parcel giant anticipates using the net proceeds from the offering for general corporate purposes, including the repayment of commercial paper, according to a statement from the company.
The Canadian port and City of Port Moody formed a partnership to establish an anchorage area to resolve issues related to abandoned and illegally anchored vessels in Port Moody Inlet.
The FAST Act, which provides $253 billion in funding over five years for highway and bridge infrastructure, motor carrier safety, hazmat safety, passenger rail programs and transit, now goes to the House and Senate for a full vote.
With world leaders convening in Paris for global talks on how to slow climate change, the shipping industry says it is doing its part and ocean carriers say more efforts are underway to lower carbon dioxide output from vessels.
Jamaica will use SOGET's port community system to provide a single platform for submission of key logistics and compliance data as the country looks to grow its container volumes after the completion of the Panama Canal expansion.