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Price tag for Singapore-based APL Logistics is significantly higher than the $750 million first mooted when NOL announced in August that it was exploring a sale or IPO.
German shipping company hopes to complete its planned purchase of the Chilean liner company by end of March.
Northern California port blames decline on slowdowns resulting from ongoing contract dispute between ILWU and PMA.
Sales, hiring and capital expenditures are expected to rise, according to a Business Roundtable survey.
Congressional watchdog agency told Senate lawmakers that FMCSA should enhance its Safety Measurement System for motor carriers.
Containers in stack at Centerm contained trichloroisocyanuric acid, according to the terminal operator.