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Senate Majority Leader Mitch McConnell got a big win Wednesday when the Senate agreed by a 62-36 vote to begin talks on a six-year bill to reauthorize surface transportation programs for infrastructure investment and safety.
The airline will acquire three ATR 72 turboprop all-cargo planes for its new interisland shipping service.
The Hanjin San Diego lost power near Bald Head Island, NC en route from Port Newark to the Port of Wilmington.
Neptune Orient Lines, parent of ocean carrier APL, is "totally focused" on returning the liner business to profitability, NOL CEO Ng Yat Chung said during a call with securities analysts.
Descartes will link trade compliance data and documentation from its Global Logistics Network to SAP's transportation management application for better shipment visibility for SAP's TM customers.
The U.S. Department of Commerce’s Bureau of Economic Analysis also revised a previous prediction of a 0.2 percent decrease in first quarter gross domestic product to a 0.6 percent increase.