U.S. gross domestic product increased 2.9 percent in the third quarter of 2016, according to the “advance” estimate from the Department of Commerce, following a revised increase of 1.4 percent in the first quarter.
The technology startup Otto and Budweiser have completed the world’s first shipment by a self-driving truck.
In addition to the six 13,010-TEU Hanjin Shipping vessels to be chartered to Maersk Line, a group led by HSH Nordbank could also acquire another three ships and lease them out to Maersk’s 2M Alliance partner MSC, according to multiple media reports.
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The Bonn, Germany-based parcel carrier said it will impose a 4.9 percent general average price increase for its U.S. account holders, effective Jan. 2.
U.S. beef export volumes in August, which were the highest since October 2014, rose 26.9 percent from August 2015 thanks to increased beef exports to Hong Kong, Korea, Japan and Mexico.
The Eden Prairie, Minn.-based third-party logistics provider opened a new global forwarding office in Vancouver, British Columbia.