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The U.S. Navy used side scan sonar devices to locate the wreck under 15,000 feet of water, and additional equipment will be required to confirm ship's identity, according to the National Transportation Safety Board.
Maryland Port Administration appoints director of harbor development, North Carolina State Ports Authority picks new CFO and Port of New York and New Jersey names interim general counsel, while Ryder System, Inc. names chief sales officer.
C.H. Robinson has named new North American Surface Transportation division president, while Crowley has appointed VP for stakeholders relations in Alaska.
Consumers continue to migrate to mobile devices to make purchases, with mobile devices accounting for 36 percent of Black Friday sales, according to Custora, a company that provides predictive analytics for e-commerce.
Net income at the Israeli ocean carrier improved vastly compared to loss of $63 million in the third quarter of 2014 despite a 12 percent year-over-year reduction in total revenues.
Rates from Shanghai to Northwest Europe and the Mediterranean skyrocketed, while rates to the United States inched up slightly from last week.