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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The Israeli ocean carrier says changes to its management structure and business groups should make ZIM more agile and attentive to customer needs.
The new port, which will be situated just 60 kilometers west of the capital city of Alger, will be equipped with 23 quay berths with an overall quay length of 6,320 meters.
The Chinese container line has a history of using CargoSmart's operational tools, but this new engagement will focus on customer-facing tools and network optimization.