Under the renewed long-term agreement, XPO Logistics will continue to manage nine reverse logistics service centers for Leeds-based ASDA Stores, Ltd., as well as collaborate on environmental sustainability efforts.
The Sydney, Australia-based third-party logistics provider will build two new purpose-built ships with 40 percent more capacity to support trade between Victoria and Tasmania, the company said in a statement.
The Greek port saw profits for the first half of 2016 jump 5.6 percent year-over-year to 12.7 million euros, despite headwinds from a 28-day strike carried out by staff between May and June.
Registration takes less than 1 minute.
The U.S. Department of Agriculture said the nation's agricultural trade surplus is also expected to increase to $19.5 billion for fiscal year 2017, up 40 percent from $13.9 billion for fiscal year 2016.
The U.S. Transportation Department’s Federal Highway Administration said it will release $14.2 million in grants to a total of seven states through a grant program that was established by the Fixing America’s Surface Transportation (FAST) Act.
The South Korean ocean carrier filed for recognition of its Korean insolvency proceeding in the United States Friday in the U.S. Bankruptcy Court for the District of New Jersey and the court ordered a hearing on the request for Tuesday.