The San Francisco-based freight forwarder, which has now raised a total of $94 million to fund global expansion, said it is constructing a new operating system for global trade that will unite the world in a seamless web of commerce.
In addition, the Baltic Exchange has named Mark Jackson its new chief executive officer, who is replacing the current CEO Jeremy Penn.
The global tire manufacturer said construction on its new distribution center in Spartanburg County, S.C. is expected to begin this year, the center's first phase is slated to open in late 2017, and full build-out is expected in early 2017.
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Southern California's so called "Blue Cut Fire" has disrupted BNSF and Union Pacific rail traffic, including intermodal traffic moving to and from the ports of Los Angeles and Long Beach, but some train lines and highways are reopening.