TNT Express on Friday said it has entered an agreement to sell its airline operations, TNT Airways and Pan Air Líneas Aéreas, to ASL Aviation Group.
Canadian Pacific published a third white paper regarding its proposed acquisition of Norfolk Southern Corp., and the U.S. Surface Transportation Board has begun to receive letters from rail customers in support of the controversial takeover.
A $60 million upfront payment by Ports America and TIL gives the Northern California port limited recourse following their departure from Oakland Harbor Terminal, according to a research note by Fitch Ratings.
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Ride-hailing company Lyft settled a lawsuit with its California drivers for over $12 million, while Flower Foods, the bakery responsible for such brands as Wonder Bread, Nature’s Own and Tastykake, is facing 18 lawsuits in multiple states.
Meanwhile, the intermodal transportation management provider and truck brokerage says it has closed its Hub Group Trucking terminal serving the Los Angeles, Calif. market.
Longshoremen at the port returned to work Monday after a wildcat strike employers called "extremely disruptive" to operations and retailers said reminded them of the labor issues this time last year at West Coast ports.