Newton Square, Pa.-based Sunoco Logistics Partners L.P. reached an agreement to purchase Vitol Group’s integrated crude oil business in West Texas for approximately $760 million plus working capital.
The head of the French freight forwarder Logfret, Christian Millet, died Sept. 17 at the age of 58.
Crane Worldwide Logistics appoints senior director for life sciences, while Röhlig names air freight manager for Germany.
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U.S. Customs and Border Protection is starting to think about a single North American window with Canada and Mexico for its Automated Commercial Environment system, but customs brokers want the agency to focus on fixing ACE's present state.
Intermodal pricing dropped for 20th straight month compared with the prior year period, according to the latest Cass Intermodal Price Index, and analysts with Avondale Partners expect the trend to continue through the rest of the year.
As part of its integration with fellow state-run ocean carrier China Shipping, COSCO Holdings sold the vessels Na Xi He, Bu Yi He, Yu Gu He, Ha Ni He, and Jing Po He for a total of 90 million yuan renminbi (U.S. $13.5 million).