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The Danish firm's acquisition of third-party logistics provider UTi is the latest in a string of international mergers in the 3PL industry this year.
Tensions related to John Walsh's leadership style and disparaging remarks about people opposed to plans for growing cargo and a freight-rail connection led the Port Canaveral Commission to seek his removal.
The fund will be held and administered by the Seamen’s Church Institute, North America’s largest mariners’ service agency, following the structure put in place by TOTE.
Industry advisors to the Commerce Department are calling on the government to get involved much sooner when contract talks between dockworkers and terminal operators diminish port productivity.
A group of Republican House lawmakers on Friday exercised a rarely used “discharge petition” to gather enough support to force a vote on the chamber floor to reauthorize the U.S. Export-Import Bank.
The legislation (HR 702) also includes a provision to increase funding for the 60 ships in the Maritime Security Program from $3 million to $5 million.